URL: https://democracy.blackpool.gov.uk/ieDecisionDetails.aspx?ID=3436

Decision Maker: Executive, Council

Outcome:

Is Key Decision?: Yes

Is Callable In?: No

Purpose:

Content: The Executive resolved as follows:   To recommend to the Council that the 2026/27 Housing Revenue Account budget as set out in Appendix 3a, to the Executive report, is approved.   To recommend to the Council that rents for all Housing Revenue account properties are increased by 4.8% in 2026/27 to maintain the health and future viability of the Housing Revenue Account in line with official guidance.   To recommend to the Council that in line with government rent flexibility provisions additional rent increases of 5% are applied at re-let to general needs formula rent properties and 10% to supported housing.   To recommend to the Council that the minimum level of Housing Revenue Account balances remain protected at £1 million, as previously agreed.     To recommend to the Council that Housing Revenue Account service charges (as detailed in Appendix 3b, to the Executive report) and other General Fund service charges (as detailed in Appendix 3c, to the Executive report) are charged as outlined.   To note that once the principles are approved by Government that a rent convergence policy will be presented for approval.      

Date of Decision: February 10, 2026