Housing Revenue Account Revised Forecast 2024-25 and Final Budget Proposals 2025-26
February 18, 2025 Cabinet, Council (Other) Key decision Awaiting outcome View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
Cheltenham Borough Council's Cabinet and Council decided on 18/02/2025 to approve the final Housing Revenue Account budget proposals for 2025/26, including a 2.7% rent increase for social, affordable, and shared ownership homes. They also approved the HRA capital programme and noted the revised HRA forecast for 2024/25. The decision includes approving the HRA capital programme and a rent increase of 2.7% for social rent homes, affordable homes, and shared ownership homes.
Full council record
Purpose
To consider the report
Decision
RESOLVED THAT: Cabinet recommends that Council:
- 1. Approves the final HRA budget proposals for 2025/26 shown at Appendix 2;
- 2. Approves a rent increase of 2.7% for social rent homes, affordable homes and shared ownership homes and changes to other rents and charges as detailed within this report;
- 3. Approves the HRA capital programme as shown at Appendix 3 and the detailed capital programme in Appendix 4;
- 4. Notes the revised HRA forecast for 2024/25 and impact on the HRA balance.
Related Meeting
Cabinet - Tuesday, 18th February, 2025 6.00 pm on February 18, 2025
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 18 Feb 2025 |
| Effective from | 26 Feb 2025 |
| Expected date | 21 Feb 2025 |
| Originally due | 21 Feb 2025 |
| Lead officer | Gemma Bell |
| Subject to call-in | Yes |