Decision Maker: Executive, Council
Is Key decision?: No
Is subject to call in?: Yes
To consider and recommend approval of the Housing Revenue Account Budget 2025-26.
Decision:
1. Noted the comments arising from the Resources Overview and Scrutiny Committee meeting on 21 January 2025; and
2. Recommended to full Council
(at its Budget Meeting on 5 February 2025):
That the Council approves:
1. The proposed HRA revenue budget for 2025/26, as set out in Appendix 1 to this report.
2. That a rent increase of 2.7%, be implemented.
3. That the fees and charges for HRA services for 2025/26, as set out in Appendix 2 to this report, be approved.
4. That a 5% increase be applied to garage rents which is in line with the wider Council policy on fees and charges.
Reason(s):
To enable the Council to set the rent charges for HRA property and associated fees and charges, along with authorising the necessary expenditure to implement a budget, this is consistent with the objectives outlined in the HRA Business Plan
Other options considered and rejected by the Committee:
None.
Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:
None.
Report author: Richard Bates
Publication date: 24/01/2025
Date of decision: 23/01/2025
Decided at meeting: 23/01/2025 - Executive
Effective from: 01/02/2025
Accompanying Documents: