Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: February 6, 2025

Purpose: To recommend for approval to Council the HRA Final Budget 2025-26 and MTFP

Content: RESOLVED   KEY DECISION   That the Executive recommended to Full Council the following-   a.       The 2025/26 Housing Revenue Account Budget as set out in Appendix A.   b.       An increase in dwelling rents for 2025/26 of 2.7% which adheres to the Ministry of Housing, Communities and Local Government (MHCLG) rent setting formula.   c.       The Housing Revenue Account Medium Term Financial Plan for 2026/27 to 2029/30 as set out in Appendix B.   That the Executive   d.       Noted the forecast reserves for the Housing Revenue Account up to 2029/30 as set out in Appendix C.   e.       Noted the comments from the Corporate Scrutiny Committee as set out in Appendix D.   Reason for Recommendations:  To ensure that the Council complies with its Constitution in setting the budget for North Northamptonshire.   Alternative Options Considered:  This HRA budget has been the subject to a formal budget consultation and comments from the consultation have been considered as part of this process.