Purpose

To recommend to Council the Housing Revenue
Account Budgets for 2025-26.

Content

The Executive RESOLVED

That in their regular reviews
of the HRA Long Term Business Plan, the Executive should pay
particular attention to interest rates and review the Plan based on
that information; and

The Executive RECOMMENDED to Council

That  (i)    the Final
Housing Revenue Account budgets for 2025-26, as set out in Appendix
1 to the report, be agreed; and

         
(ii)   with
effect from 7 April 2025, rents be increased by
2.7%.

Reason:   To
enable a decision to be made by Council on the
Housing Revenue budget for 2025 and approval of the increase in
rents from 7 April 2025.