Decision Maker: Mid Suffolk Cabinet, Babergh Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: September 9, 2025

Purpose: To note HRA Financial Monitoring 2025/26 Budget forecast Q1

Content: It was RESOLVED: -   1.1          That the HRA quarter one actuals of a surplus of £374k was noted.   1.2          That the 2025/26 forecast deficit position of £1.7m against a deficit budget of £2.1m was noted.   1.3          That the capital programme and capital financing spend to date (£1m) and forecast (£20.6m) was noted.     REASON FOR DECISION   To ensure that Councillors were kept informed of the financial position for Housing Revenue Account.   Alternative Options Considered and Rejected:   The recommended option was set out in the recommendations. There were no other available options.    Any Declarations of Interests Declared: None Any Dispensation Granted: None