Decision Maker: Full Council

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 12, 2025

Purpose:

Content: Councillor Federica Smith-Roberts proposed the Council accepted the recommendations in the report.  This proposal was seconded by Councillor Mandy Chilcott.   The proposal was carried unanimously.   RESOLVED   That Full Council approve:   1.     Rent Setting for 2025/26   a.   An increase of 2.7% on Dwelling Rents for 2025/26 in line with the Governments Rent Standard. b.   An increase of 2.7% for Sheltered and Extra Care housing rents in line with the dwelling rents increase. c.   An increase of 2.7% for Shared Ownership properties. d.   An increase of 2.7% on affordable rental tenures, with the rent being reviewed at relet based on 80% of open market rent capped at the LHA rate.   2.     Fees and Charges for 2025/26   a.     The Service Charges for 2025/26 as shown in Appendix A of the report for Homes in Sedgemoor and Appendix B of the report for the In-House Service. b.     An increase of 2.7% for garage rents in the North. c.     A freeze on garage rents in the West. d.     An increase of 1.7% on temporary accommodation daily rates. e.     An increase of 1.7% for Meeting Hall hourly rental rates. f.       An increase of 1.7% for Guest Room charges. g.     To discontinue the lifeline subsidy from 1 April 2025 for all new tenants (whereas existing tenants will still benefit from this protection).   3.     To note that the Revenue Budget for 2025/26, Capital Budget for 2025/26 to 2029/30, MTFP and 30-Year Business Plan Update will be presented to a later Executive / Full Council in February 2025.