Decision Maker: Executive, Council

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: January 23, 2025

Purpose: To consider and recommend approval of the Housing Revenue Account Budget 2025-26.

Content: Decision: 1.       Noted the comments arising from the Resources Overview and Scrutiny Committee meeting on 21 January 2025; and 2.       Recommended to full Council (at its Budget Meeting on 5 February 2025): That the Council approves: 1.     The proposed HRA revenue budget for 2025/26, as set out in Appendix 1 to this report. 2.     That a rent increase of 2.7%, be implemented. 3.     That the fees and charges for HRA services for 2025/26, as set out in Appendix 2 to this report, be approved. 4.     That a 5% increase be applied to garage rents which is in line with the wider Council policy on fees and charges. Reason(s): To enable the Council to set the rent charges for HRA property and associated fees and charges, along with authorising the necessary expenditure to implement a budget, this is consistent with the objectives outlined in the HRA Business Plan Other options considered and rejected by the Committee: None. Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted: None.