Issue - meetings

Housing Revenue Account (HRA) 30 Year Financial Business Plan

Meeting: 19/12/2023 - Cabinet (Item 5.)

5. Housing Revenue Account (HRA) 30 Year Financial Business Plan pdf icon PDF 186 KB

Additional documents:

Decision:

(1)       To consider the HRA budget for 2024/25 as set out in the report;

 

(2)       To approve the proposed minimum rent increase of 6.5%;

 

(3)       To approve a garage rent increase of 6.5%;

 

(4)       To approve the increase in service charges to full cost recovery with the exception of aerial charges which will be frozen until a new contract is negotiated;

 

(5)       That the tenant hardship fund be topped up to a cap of £0.350m from any surplus reserves generated in year, if required; and

 

(6)       To consider the proposed HRA Capital Programme for 2024/25 as set out in appendix B.