Decision

R E S O L V E
D – that:
 

A.   
the proposed revenue budget for 2025/26 with a net contribution to
reserves and future capital financing costs of £4.745m, as
shown at Appendix A of the report, be agreed, subject to approval
by Strategy & Resources Committee and Full Council.
 

B.   
the proposed Capital Programme for 2025/26 in the sum of
£26,566,000 and the subsequent years, as shown at Appendix B
of the report, be agreed, subject to approval by Strategy &
Resources and Full Council.
 

C.  
Social Rents (excluding service charges) and Affordable Rents
(including service charges) for 2025/26 be increased by 2.7% in
accordance with government social rent policy guidance.
 

D.  
the rent for garages be increased by 2.7% for 2025/26 to produce a
standard weekly rent of £16.03 to tenants, or £19.24
(including VAT) for let to private tenants.
 

E.   
service charges be increased by 2.7% for 2025/26 to produce an
average weekly charge of £8.43.
 

F.   
Sheltered and Older Persons Service Charges be increased by 2.7%
for 2025/26 to £16.96 and £3.70 respectively.
 

G.  
that the PWLB HRA Loan of £3.650m due for repayment in
2025/26 be re-financed and programmed funding of £6.650m to
finance the capital programme be financed by either internal and /
or PWLB borrowing.