Content

DECLARATIONS OF INTEREST FOR THIS ITEM:
 
None
 

RESOLVED:
 
That
Cabinet:

Noted the HRA’s
current financial position as set out in this report, which set the
foundations for the full draft budget for 2026/27 and the
2026/27–2030/31 Business Plan.

Noted that the final
HRA 2026/27 Budget and 2026/27–2030/31 Business Plan would be
presented to Cabinet on 10 February 2026 to be recommended for
approval to the Full Council meeting taking place on 2 March
2026.

Reasons for
Decision
The Council was legally required to set a balanced HRA budget and
have a sustainable HRA Business Plan to ensure that it was able to
manage and maintain its homes, provide services to tenants and
leaseholders, and build much-needed new Council homes.

Alternative Options
Considered
No alternative options were considered.