David Hare

Housing Revenue Account Budget 2025/26

From: Executive - Thursday, 20th February, 2025 6.00 pm - February 20, 2025

The revenue and capital budgets for 2025/26 are set and tenants rent levels are set for 2025/26 to ensure sound finances and value for money in providing housing services for council tenants.

Recommendations Approved

Capital Programme and Strategy 2025-2028

From: Executive - Thursday, 20th February, 2025 6.00 pm - February 20, 2025

The capital programme and strategy 2025 – 2028 sets out the capital investment for the benefit of the community and how this is funded.

Recommendations Approved

Declaration of Interests

From: Executive - Thursday, 20th February, 2025 6.00 pm - February 20, 2025

Recommendations Approved

Medium Term Financial Plan 2025-2028 Including Revenue Budget Submission 2025/26

From: Executive - Thursday, 20th February, 2025 6.00 pm - February 20, 2025

To provide the key revenue budget extract for 2025/26 of the Medium Term Financial Plan (MTFP) 2025-2028 for submission to Council.

Recommendations Approved

Remaining Grant Allocation for the delivery of Afghan Refugee Resettlement Scheme

From: Executive - Thursday, 20th February, 2025 6.00 pm - February 20, 2025

In 2023 the Council successfully secured £3.1m of Local Authority Housing fund (LAHF) grant allocation for the purchase of the 17 properties as part of the Ukrainian and Afghan resettlement scheme. In March 2023, Executive approved the release of up to £2m commuted sums (developer contributions for affordable housing) to be used in conjunction with this grant to purchase these properties. Further approving delegated powers for the Deputy Chief Executive to approve the transfer of commuted sums, the end landlord and borrowing terms for each property. The 17 properties have now successfully been purchased and this paper seeks approval to purchase a further single property while remaining within the original budget envelope approved in March 2023.

Recommendations Approved