Purpose

Added
06 November 2025

Decision

That Cabinet

 

1)   
NOTED the financial position on the HRA as at 30 November 2025 and the year-end forecast for both
revenue and capital and;

2)   
RECOMMENDED
TO COUNCIL that they:

2.1)      
Approve the
budget estimates for 2026/27.

2.2)      
Approve a rent increase set at the maximum permitted level under the 2026 Rent
Standard for all Council dwellings with effect from 1 April 2026, incorporating
any additional convergence of rents to formula rent.

2.3)      
Approve the 2026/27 capital programme.

2.4)      
Delegate
Authority be given to the Director for Housing and
Communities in consultation with the Director for Corporate Services and the
Portfolio Holder for Council Housing and Landlord Services to approve virements
within the HRA capital programme during the year to provide flexibility to meet
emerging needs and maintain decent homes.