Decision
Analysis
outcome: The Cabinet approved the updated HRA Business Plan, authorized budget adjustments, and recommended a 7.7% rent increase to the Full Council.
summary: The decision involves the approval of an updated Housing Revenue Account (HRA) Business Plan, budget adjustments, and a recommendation for a 7.7% increase in dwelling rents for 2024/25.
topline: The Cabinet has decided to approve an updated HRA Business Plan and recommend a 7.7% increase in dwelling rents for the next fiscal year.
reason_contentious: The issue is contentious due to the impact on tenants with increased rents, potential financial strain on low-income households, and the political implications of housing policies.
affected_stakeholders: Tenants, low-income households, local government, housing and planning departments, and potentially local businesses and service providers.
contentiousness_score: 7
political_party_relevance: There is no direct mention of political parties, but housing policies are often influenced by political ideologies and may reflect the priorities of the ruling party.
URL: https://tdcdemocracy.tendringdc.gov.uk/ieDecisionDetails.aspx?ID=12174
Decision Maker:
Outcome:
Is Key Decision?: No
Is Callable In?: No
Purpose:
Content: RESOLVED that Cabinet - (a) approves the updated HRA Business Plan, which includes the proposed position for 2023/24 and 2024/25, as set out in Appendix A to the joint report; (b) authorises the Assistant Director (Finance & IT) to adjust the forecast / budget, including the use of reserves, in consultation with the Portfolio for Housing and Planning and the Portfolio Holder for Corporate Finance and Governance if the financial position changes prior to Council considering the HRA budget on 13 February 2024; and (c) recommends to Full Council a 7.7% increase in dwelling rents in 2024/25, along with the detailed HRA Budget proposals for 2024/25, as set out in Appendices B to E to the joint Portfolio Holder report (A.7).
Date of Decision: