URL: https://tandridge.moderngov.co.uk/ieDecisionDetails.aspx?ID=327

Decision Maker: Housing Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Purpose:

Content: R E S O L V E D – that;   A.    the proposed revenue budget for 2026/27 with a net contribution to reserves and future capital financing costs of £3.313m, as shown at Appendix A of the report, be agreed, subject to approval by Strategy & Resources Committee and Full Council.   B.    the proposed Capital Programme for 2026/27 in the sum of £29.865m, as shown at Appendix B of the report, be agreed, subject to approval by Strategy & Resources and Full Council.   C.   Social Rents (excluding service charges) and Affordable Rents (including service charges) for 2026/27 be increased by 4.8% in accordance with government social rent policy guidance.   D.   the rent for garages be increased by 4.8% for 2026/27 to produce a standard weekly rent of £16.80 to tenants, or £20.16 (including VAT) for let to private tenants.   E.    service charges be increased by 4.8% for 2026/27 to produce an average weekly charge of £10.72.   F.    Sheltered and Older Persons Service Charges be increased by 4.8% for 2026/27 to £17.77 and £3.89 respectively.   G.   the PWLB HRA Loan of £3.950m due for repayment in 2026/27 be refinanced and programmed funding of £14.633m to finance the capital programme be financed by either internal and / or PWLB borrowing.

Date of Decision: January 22, 2026