Decision

RESOLVED
that Cabinet recommend that Full Council
approve:-
 

1.   
The HRA draft budget business plan for 2025/26 &
note the MTFS (Medium Term Financial Strategy), with any final
amendments being delegated to the Cabinet Spokesperson for
Regeneration and Culture and the Executive Director for Growth
& Sustainability in consultation with the Cabinet Spokesperson
for Core Services, the Director of Finance (S151 Officer); and
Service Director Regeneration and Culture (Client lead for
Berneslai Homes); and
 

2.   
A rent, non-dwelling rent, service charge and
district heating kWh increase of 2.7% in line with the
Government’s Rent Cap; and
 

3.   
The 2025/26 Berneslai Homes Management Fee totalling
£15.940M, plus Gypsy and Traveller Management fee of
£0.070M charged to the General Fund. Total £16.010M;
and
 

4.   
The Core Housing Capital Investment Programme for
2025/26 & 2026/27 totalling £40.812M; and
 

5.   
A £5.000M 5 Year Building Safety Compliance
programme; and
 

6.   
A one year only £5.394M priority Investment
for Capital Replacements - £3.305M and Revenue Repairs -
£2.089M to fund current demand in 2025/26, whilst maintaining
decency standards; and
 

7.   
An increase in the revenue repairs annual budget by
£2.500M in 2025/26 and £3.500M 2026/27 onwards to fund
priority workstreams and increased demand, however it must be noted
that perpetual demand cannot be continued to be funded in
perpetuity.