Decision

R E S O L V E D
– that:
 

A)  
the proposed revenue budget for 2024/25 with net income from
services of £3,729,400 before capital financing and interest
charges, as shown in Appendix A of the report be agreed, subject to
approval by Strategy & Resources Committee and Full
Council.
 

B)  
the proposed Capital Programme for 2024/25 for the sum of
£19,135,100, as shown in 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 2024/25 be increased by 7.7% in
accordance with Government social rent policy guidance.
 

D)  
rent for garages be increased by 7.7% for 2024/25 to produce a
standard weekly rent of £15.61 to tenants, or £18.73
(including VAT) for let to private tenants.
 

E)  
service charges be increased by 7.7% for 2024/25 to produce an
average weekly charge of £8.78.
 

F)   
Sheltered and Older Persons service charges be increased by 7.7%
for 2024/25 to £16.51 and £3.61 respectively.
 

G)  
that the PWLB HRA Loan of £3.450m, due for repayment in
2024/25 be re-financed.