Content

Cabinet
considered and reviewed the report and appendices as presented and
recommended to Full Council the adoption of:
 
Housing
Revenue Account (HRA): Revenue
 

a)   
The HRA revenue budget for 2025/2026 as shown in the
HRA Budget Summary as presented at Appendix A.
 
HRA:
Review of Rents and Charges
 

b)   
The proposed council dwelling rents for all social
rented properties increase of 2.7%, recognising that inflation
measured by the Consumer Price Index (CPI) at September 2024, plus 1% results in an increase of
2.7%.

c)    
The proposed affordable rents (inclusive of service
charge) increase of 2.7% in line with the increase for social
rents.

d)   
The rents for affordable shared ownership properties
increase of 4.0%, recognising that inflation measured by the Retail
Price Index (RPI) at December 2024 plus
0.5% results in an increase of 4.0%.

e)   
The garage rents increase of 2.7% in line with the
increase for social rents.

f)     
Council dwelling rents for properties with an EPC
rating of A or B increase to 105% of target rent on
re-let.

g)   
The proposed service charges for HRA services and
facilities provided to both tenants and leaseholders, as shown in
Appendix D.
 
HRA:
Capital
 

h)   
The required level of funding for new build
investment between 2025/2026 and 2029/2030 to ensure that
commitments can be met in respect of the investment of all right to
buy receipts currently retained or anticipated to be received by
the authority for this period. This expenditure will take the form
of HRA new build, with the 60% top up met by other HRA
resources.

i)     
The HRA Medium Term Financial Strategy forecasts as
shown in Appendix B.

j)     
The Housing Capital Programme as shown in Appendix
C.