Agenda item - Housing Revenue Account Budget & Capital Investment Programme 2026-27 and Medium-Term Financial Strategy

93.1    The mayor noted that the Housing Revenue Account Budget and Capital Investment Programme 2026/27 and Medium-Term Financial Strategy had been taken into consideration as part of the overall budget debate as detailed under Item 91 above.

93.2    The mayor then put the recommendations as detailed in the report to the vote.

Housing Revenue Account Budget and Capital Investment Programme 2026/27 and Medium-Term Financial Strategy

93.3    The mayor confirmed that the recommendations had been carried by 42 votes to 5 with no abstentions.

93.4    RESOLVED:

That Council:

1)    Approved the HRA Revenue Budget for 2026/27 as outlined in table 1 of the main report and Appendix 1.

2)    Approved the new Capital Programme Budget of £79.640m for 2026/27 be agreed as part of the revised capital budget of £126.339m (which includes reprofiles of £46.699m from 2025/26).

3)    Approved the earmarking of £1m reserves against disrepair claims for 2026/27.

4)    Approved the 5-year capital programme as set out in Appendix 3 to the report.