Decision Maker: Place Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: February 11, 2025

Purpose:

Content: RESOLVED that the following be RECOMMENDED to the Corporate and Resources Committee to recommend to Full Council:   1.         the general fund proposals in the Budget Report regarding the 2025/26 budget for Property, Strategic Planning and Infrastructure, Regeneration and Economic Development, Employment, Skills & Enterprise, Place Making, Major Contracts, Culture, Community Housing, Communities and Engagement, Shared Environment Service;   2.         the HRA 2025-26 base budget and proposal for growth and savings as set out in this report;    3.         the indicative HRA revenue budgets for 2025-26 to 2027-28 set out in Enclosure 3of the report; and   4.         full HRA Capital Programme as described in paragraphs 46 to 52 and detailed in Enclosure 5of the report;   AND RESOLVED that the following be approved:   5.         the 2025-26 average social rent increase of 2.7% in line with Government policy and detailed in paragraphs 3 to 6 of the report;    6.         tenant service charges for designated independent living accommodation stock to be increased by 2.7% (CPI+1%) from 2024/25 charges, subject to consultation, as detailed in paragraph 14 of the report;   7.         the 2025-26 rents for HRA hostels, affordable rented and shared ownership properties owned by the Council be increased by 2.7% as detailed in paragraphs 7 to 11of the report; and   8.         the 2025-26 rents for garages and non-Housing dwellings owned by the Council be increased by 2.7% as detailed in paragraphs 12 and 13 of the report.   (Note: ‘the report’ in resolutions 2 to 8 refers to Annex 10 of the Budget Pack.)