Purpose

To recommend to Council the Housing Revenue Account Budgets for 2025-26.

Content

The Executive RESOLVED That in their regular reviews of the HRA Long Term Business Plan, the Executive should pay particular attention to interest rates and review the Plan based on that information; and The Executive RECOMMENDED to Council That  (i)    the Final Housing Revenue Account budgets for 2025-26, as set out in Appendix 1 to the report, be agreed; and           (ii)   with effect from 7 April 2025, rents be increased by 2.7%. Reason:   To enable a decision to be made by Council on the Housing Revenue budget for 2025 and approval of the increase in rents from 7 April 2025.