Housing Revenue Account – Revised 2024/25 And Original 2025/26 and Housing Revenue Account (HRA) Medium Term Financial Plan 2024/25 – 2028/29

February 6, 2025 Strategy and Resources Committee (Committee) Awaiting outcome View on council website

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Summary

The Strategy and Resources Committee decided to recommend approval of the revised Housing Revenue Account budget for 2024/25 and the original budget for 2025/26. This included approving the movement to and from HRA balances and capital reserves, and the inclusion of the HRA Capital Programme for 2024/25 to 2028/29 in the Council's Capital Programme. From 1 April 2025, social rents and affordable rents will increase by 2.7%, garage rents will increase by 2.7%, landlord service charges will be as set out in Appendix A, and shared ownership rents will increase as set out in each lease.

Full council record

Purpose

To present to the committee the Housing Revenue Account revised budget estimates for 2024/25 and the original estimates for 2025/26

Supporting Documents

Item 15 - HRA Revised 2024-25 And Original 2025-26 and Housing Revenue Account MTFP 2024-25 2028-2.pdf
Item 15 - Appendix A - HRA Rents Fees and Charges.pdf
Item 15 - Appendix B - HRA MTFP.pdf
Item 15 - Appendix C - HRA Capital Programme and Financing.pdf

Details

OutcomeFor Determination
Decision date6 Feb 2025