Purpose

To consider the proposed Housing Revenue Account (HRA) Budget for 2024/25 and the HRA Business Plan.

Decision

(a)       That the HRA budget for 2025/26, as set out in the report, be considered;

(b)       That the proposed minimum rent increase of 2.7% be approved;

(c)        That the garage rent increase of 2.7% be approved;

(d)       That an increase in service charges to full cost recovery be approved;

(e)       That the pressures and efficiencies detailed in the appendix be noted; and

(f)        That the proposed HRA Capital Programme for 2025/26 be approved.