1.  That an average rent increase of 1.50% on all tenancies, be approved.

2.  That an average rent increase of 1.50% on shared ownership properties, be approved.

3. That an increase of 1.50% for garage rents to £12.20 per week for tenants and £14.64 for non-tenants (being £12.20 plus VAT), a rise consistent with the proposal for the main rent increase (all variants on a standard garage will receive a proportionate increase), be approved.

4. That the proposed rent charges in 1-3 above be effective from 5^th April 2021.

5. That the South Essex Homes core management fee at £6,336,000 for 2021/22, be approved.

6. That the South Essex Homes proposals for average increases of 2.52% in service charges and 10.39% in heating charges to reflect the actual costs incurred, be approved.

7. That the following appropriations be approved:

·                £60,000 to the Repairs Contract Pensions Reserve; 

·                £4,002,000 to the Capital Investment Reserve and

·                £8,334,000 from the Capital Investment Reserve

8. That, subject to resolution 1 through to 7 above, the HRA budget for 2021/22 as set out in Appendix 1 to the submitted report, be approved.

9. That the value of the Council’s indicative capital allowance for 2021/22 – 2025/26 be declared as £75,327,000, as determined in accordance with regulation 16 of the Local Authorities (Capital Finance and Accounting) (England) Regulations.