Cabinet resolved to:
(i) Agree the Housing Revenue Account estimates for 2015/16 as detailed in Appendix 6 to the report;
(ii) Agree an overall average Council dwelling rent increase of 4.0%, equivalent to £3.67 per week, and affordable rents to increase by 2.2% consistent with Government policy of CPI+1% as per the Affordable Homes Programme;
(iii) Agree a five-year rent policy enabling convergence with formula rent by 2019/20;
(iv) Agree an increase to tenant service charges of 5.8% (£1.93 per week);
(v) Agree an additional provision for communal heating and hot water charges of 1.2% (£0.32 per week) based upon an inflationary uplift;
(vi) Agree an increase to garage rents of £1, from £11 to £12 per week, and the establishment of a repairs and maintenance programme;
(vii) Agree that officers initiate a review of estate located parking spaces/bays;
(viii) Agree that rents for commercial properties increase in line with lease agreements; and
(ix) Agree that the above changes take effect from 6 April 2015.