Housing Revenue Account (HRA) Budget Setting 2026/27 including Dwelling Rent Setting 2026/27 and 30-Year Business Plan Review
February 3, 2026 Cabinet (Cabinet collective) Awaiting outcome View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Cabinet recommended to Council approval of the HRA Annual Revenue Budget for 2026/27, social and affordable rent increases of 4.8%, garage rent increases, the HRA Capital Programme for 2026/27, and revisions to the HRA 30-year business plan. The Cabinet approved the acceptance of £4.080m capital grant funding from the DfE as an alternative to progressing with the building of an Alternative Provision free school. The Cabinet approved the acceptance and signing of the Department for Transport Memorandum of Understanding for the Integrated Transport Fund and Bus Services Fund. The Cabinet noted the progress for capital receipts in the current year and approved the sale of the freehold interest of four assets to generate capital receipts. The Cabinet Member for Highways, Street Scene and Flooding recommended the making of the Traffic Regulation Order with minor amendments to the advertised proposal for parking controls in Corsham.
Full council record
Purpose
Housing Revenue Account (HRA) Budget Setting 2025/26 including Dwelling Rent Setting 2025/26 and 30-Year Business Plan Review
Decision
Resolved:
That Cabinet recommends to Council:
a) Approve the HRA Annual Revenue Budget for 2026/27 as described in the report and Appendix 1.
b) Approve the setting of individual social formula rents for 2026/27 based on the current National Social Rent Policy, giving a real rent increase of 4.8% with effect from 1st April 2026.
c) Approve the setting of individual actual affordable rents for 2026/27 based on the current National Social Rent Policy, giving a real rent increase of 4.8% with effect from 1st April 2026.
d) Approve an increase to Garage Rents for 2026/27 to £15.00 per week for garages that are rented by HRA tenants (an increase of £4.83 per week, equivalent), and £20.00 per week for garages that are privately let (an increase of £9.83 per week).
e) Approve the HRA Capital Programme for 2026/27 as described in the report and Appendix 2.
f) To note and approve the revisions made to the HRA 30 year business plan.
Reason for Proposals
To ensure a balanced budget (capital and revenue) for the HRA for 2026/27, and in so doing continue to provide services to tenants and investment in their homes.
To enable effective, transparent decision making and ensure sound financial management of the HRA as part of the council’s overall control environment.
Related Meeting
Cabinet - Tuesday 3 February 2026 10.00 am on February 3, 2026
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 3 Feb 2026 |
| Effective from | 11 Feb 2026 |
| Expected date | 3 Feb 2026 |
| Originally due | 3 Feb 2020 |
| Lead officer | Marie Taylor, Sarah Higgins |
| Subject to call-in | Yes |