Purpose

To seek recommendation to Council to approve the 2026-27 Budget
and MTFP

Content

RESOLVED
 
KEY DECISION
 
That the Executive:
 

a.            
Noted the draft 2026/27 Housing
Revenue Account Budgets as set out in Appendix
A, which will be consulted
upon with Tenants, which includes:
 

i)         
an increase in dwelling rents for
2026/27 of 4.8% which adheres to the Ministry of Housing,
Communities & Local Government (MHCLG) rent setting
formula.

 

b.            
Noted the draft Housing Revenue
Account Medium Term Financial Plan  for 2027/28 to 2030/31 as set out in
Appendix
B.

 

c. Noted the forecast reserves for the Housing
Revenue Account up to 2030/31 as set out in Appendix
C.

 

 

Reason for Recommendations: To
ensure that the Council complies with its Constitution in setting
the budget for North Northamptonshire.

 

Alternative Options Considered:
This is the start of the formal budget consultation for the HRA and
any comments from the consultation will be considered as part of
this process.