Issue - meetings

Housing Revenue Account Budget 2024/25 and Housing Revenue Account Business Plan 2023-2053

Meeting: 22/02/2024 - Council (Item 91)

91 Referral from Cabinet - Housing Revenue Account Budget 2024/25 and Housing Revenue Account Business Plan 2023-2053 pdf icon PDF 195 KB

Cabinet recommended to Full Council to:

 

      i)         Approve the Housing Revenue Account (HRA) estimates as set out in Appendix A to the report.

 

     ii)         Approve that tenant rents are increased by 7.7 percent with effect from 1 April 2024. This equates to an average weekly rent of £112.20 an increase of £8.02 as set out in paragraph 2 of the report.

 

   iii)         Approve that the rents and personal charges for temporary accommodation are increased with effect from 1 April 2024 as set out in paragraph 3 of the report.

 

   iv)         Approve that garage rents within the ‘retain and invest’ category are increased by 5 percent with effect from 1 April 2024. This equates to an average weekly rent of £12.97, an increase of £0.62.  Also approve the proportionate increases for other garages, car ports and car spaces as set out in paragraph 4 of the report.

 

    v)         Approve that tenant service charges are increased to recover full cost with effect from 1 April 2024 (see paragraphs 5 to 7 of the report and Appendix C attached to the report).

 

   vi)         Approve that the leasehold service charges are increased with effect from 1 April 2024 to ensure that all leaseholder costs are recovered (see paragraphs 8 to 11 of the report and Appendix C attached to the report).

 

  vii)         Approve that all other tenant charges are increased with effect from 1 April 2024 in order to recover cost (see Appendix C attached to the report).

 

viii)         Approve the Housing Revenue Account Business Plan, as set out in Appendix B to the report.

Additional documents:

Minutes:

Full Council received a referral from Cabinet to approve the Housing Revenue Account Budget 2024/25 and Business Plan 2023-2053.

 

Proposed by Councillor Dan Swords (seconded by Councillor James Leppard) it was:

 

RESOLVED that Full Council approved:

 

A     The Housing Revenue Account (HRA) estimates as set out in Appendix A to the report.

 

B     That tenant rents are increased by 7.7 percent with effect from 1 April 2024. This equates to an average weekly rent of £112.20 an increase of £8.02 as set out in paragraph 2 of the report.

 

C     That the rents and personal charges for temporary accommodation are increased with effect from 1 April 2024 as set out in paragraph 3 of the report.

 

D     That garage rents within the ‘retain and invest’ category are increased by 5 percent with effect from 1 April 2024. This equates to an average weekly rent of £12.97, an increase of £0.62.  Also approve the proportionate increases for other garages, car ports and car spaces as set out in paragraph 4 of the report.

 

E     That tenant service charges are increased to recover full cost with effect from 1 April 2024 (see paragraphs 5 to 7 of the report and Appendix C attached to the report).

 

F      That the leasehold service charges are increased with effect from 1 April 2024 to ensure that all leaseholder costs are recovered (see paragraphs 8 to 11 of the report and Appendix C attached to the report).

 

G     That all other tenant charges are increased with effect from 1 April 2024 in order to recover cost (see Appendix C attached to the report).

 

H     The Housing Revenue Account Business Plan, as set out in Appendix B to the report.


Meeting: 15/02/2024 - Cabinet (Item 108)

108 Housing Revenue Account Budget 2024/25 and Housing Revenue Account Business Plan 2023-2053 pdf icon PDF 195 KB

Additional documents:

Decision:

RESOLVED that Cabinet recommended to Full Council to:

 

A    Approve the Housing Revenue Account (HRA) estimates as set out in Appendix A to the report.

 

B    Approve that tenant rents are increased by 7.7 percent with effect from 1 April 2024. This equates to an average weekly rent of £112.20 an increase of £8.02 as set out in paragraph 2 of the report.

 

C    Approve that the rents and personal charges for temporary accommodation are increased with effect from 1 April 2024 as set out in paragraph 3 of the report.

 

D    Approve that garage rents within the ‘retain and invest’ category are increased by 5 percent with effect from 1 April 2024. This equates to an average weekly rent of £12.97, an increase of £0.62.  Also approve the proportionate increases for other garages, car ports and car spaces as set out in paragraph 4 of the report.

 

E     Approve that tenant service charges are increased to recover full cost with effect from 1 April 2024 (see paragraphs 5 to 7 of the report and Appendix C attached to the report).

 

F     Approve that the leasehold service charges are increased with effect from 1 April 2024 to ensure that all leaseholder costs are recovered (see paragraphs 8 to 11 of the report and Appendix C attached to the report).

 

G    Approve that all other tenant charges are increased with effect from 1 April 2024 in order to recover cost (see Appendix C attached to the report).

 

H    Approve the Housing Revenue Account Business Plan, as set out in Appendix B to the report.

Minutes:

Cabinet received a report on the Housing Revenue Account Budget 2024/25 and Business Plan 2023-2053.

 

The Leader agreed to meet with Councillor Perrin about painting at Milwards.

 

Councillor Vince would be provided with the difference between the housing rent increase and a Council Tax freeze.

 

Proposed by Councillor David Carter (seconded by Councillor James Leppard) it was:

 

RESOLVED that Cabinet recommended to Full Council to:

 

A    Approve the Housing Revenue Account (HRA) estimates as set out in Appendix A to the report.

 

B    Approve that tenant rents are increased by 7.7 percent with effect from 1 April 2024. This equates to an average weekly rent of £112.20 an increase of £8.02 as set out in paragraph 2 of the report.

 

C    Approve that the rents and personal charges for temporary accommodation are increased with effect from 1 April 2024 as set out in paragraph 3 of the report.

 

D    Approve that garage rents within the ‘retain and invest’ category are increased by 5 percent with effect from 1 April 2024. This equates to an average weekly rent of £12.97, an increase of £0.62.  Also approve the proportionate increases for other garages, car ports and car spaces as set out in paragraph 4 of the report.

 

E     Approve that tenant service charges are increased to recover full cost with effect from 1 April 2024 (see paragraphs 5 to 7 of the report and Appendix C attached to the report).

 

F     Approve that the leasehold service charges are increased with effect from 1 April 2024 to ensure that all leaseholder costs are recovered (see paragraphs 8 to 11 of the report and Appendix C attached to the report).

 

G    Approve that all other tenant charges are increased with effect from 1 April 2024 in order to recover cost (see Appendix C attached to the report).

 

H    Approve the Housing Revenue Account Business Plan, as set out in Appendix B to the report.