2026/27 £m2027/28 £m2028/29 £m2029/30 £m2030/31 £mTotal
Capital Expenditure
General Fund369.72512.523327.2983.2830.000712.829
HRA141.84181.12662.17657.69950.117392.959
Additions24.03523.13018.73012.5300.00078.425
Total535.601116.779408.20473.51250.1171,184.213
Capital Financing
Mainstream Funding321.58957.553348.09635.03433.189795.461
Capital Receipts71.22918.87724.4939.3420.000123.941
Grants109.28021.57017.47011.4000.000159.720
S10612.5420.4000.4000.4000.00013.742
Partnership Contributions0.1390.0000.0000.0000.0000.139
Revenue Reserves4.5831.7931.1500.6250.0008.151
Revenue Contribution0.5600.6050.3050.1050.0001.575
Major Repairs Reserve15.17815.48115.79116.10616.42878.984
HRA Contribution0.5000.5000.5000.5000.5002.500
Total Programme Funding535.601116.779408.20473.51250.1171,184.213

HOUSING REVENUE ACCOUNT BUSINESS PLAN

The council has a clear objective to deliver safe and genuinely affordable homes for our residents and a regular review of the HRA Business Plan is essential to ensuring that the funding is available to achieve this.

To fund the continued investment in the homes and services, the council approved the rent increase allowed by government to prioritise the funding on the things that matter most to residents, which is the safety and condition of their home and the area they live in. The increased expenditure on repairs and maintenance reflects the needs of the stock, to comply with the revised expectations from the Regulator of Social Housing and increased costs across the repairs and maintenance and construction sectors.

The MTFS for the years 2026 through to 2030 is shown below:

2026/27 £m2027/28 £m2028/29 £m2029/30 £m
Dwelling Rent(75.535)(82.888)(86.946)(90.304)
Service Charges(22.600)(23.210)(23.744)(24.219)
Other income(1.526)(1.568)(1.604)(1.636)
Total Income(99.661)(107.666)(112.294)(116.159)
Housing management40.17841.66543.04044.331
Repairs and Maintenance26.54327.68028.60529.460
Capital Charges31.73934.79036.41638.341
Other Costs0.7500.6680.6940.719
Total Expenditure99.210104.803108.755112.851
Total Net Surplus(0.451)(2.863)(3.539)(3.308)
Transfer to reserves0.4512.8633.5393.308
HOUSING REVENUE ACCOUNT0.0000.0000.0000.000