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RESOVLED: Cabinet:
1.   
Approved for consultation the draft HRA budget
2024-25
2.   
Approved for consultation the 7.7% (£8.00) increase in
average rents from £103.79 to £111.79 per week, in
accordance with the government’s amended Rent Standard with
effect from the 1 April 2024.
3.   
Approved the 7.7% increase in tenants and leaseholder service
charges with effect from the 1 April 2024 as set out in Appendix
5
4.   
Approved the 7.7% increase in garage rents and commuter
surcharges with effect from the 1 April 2024. This will increase
the average rent per garage from £10.96 to £11.80 and
the commuter surcharge from £17.41 to £18.75 per week
respectively, as set out in Appendix 5
5.   
Approved the draft 2024-25 management fee to Northamptonshire
Partnership Homes in Appendix 4 to deliver the services in scope
within the management agreement.
6.   
Approved for consultation the draft HRA Capital Programme for
2024-25 to 2028-29.
 
REASONS RESOLVED:
The Council has a statutory duty to set a balanced HRA
budget each year, as well as a financially sustainable capital
programme.
 
ALTERNATIVE OPTIONS:
None