Issue - meetings

CAPITAL STRATEGY & PRUDENTIAL INDICATORS 2018/21

Meeting: 21/02/2018 - Executive (Item 189)

189 CAPITAL STRATEGY & PRUDENTIAL INDICATORS 2018/21 pdf icon PDF 523 KB

To consider a report of the Executive Member for Corporate Resources and the Chief Finance Officer.

Decision:

1. That the Capital Expenditure Strategy as detailed in the report be recommended to Council.

2. That Council be recommended to approve the overall Capital Programme in the sum of £144.65m for the period 2018/21.

3. That Council be recommended to approve to approve £41.96m of additional prudential borrowing to support revenue generating investment opportunities as detailed in Paragraphs 20 and 21 to the report.

4. That Council be recommended to approve the Prudential and Local Indicators as set out at Appendix 4 to the report.

5. That the Investment Strategy as detailed in the report be recommended to Council.

Minutes:

The Executive Member for Corporate Resources and Chief Finance Officer submitted a report requesting the Executive to recommend to Council key features of the proposed Capital Strategy, General Capital Programme, Capital Investment Strategy and Prudential and Local Indicators 2018-21.

 

            RESOLVED -

 

(1)        That the Capital Expenditure Strategy as detailed in the report be recommended to Council.

 

(2)        That Council be recommended to approve the overall Capital Programme in the sum of £144.65m for the period 2018/21.

 

(3)        That Council be recommended to approve to approve £41.96m of additional prudential borrowing to support revenue generating investment opportunities as detailed in Paragraphs 20 and 21 to the report.

 

(4)        That Council be recommended to approve the Prudential and Local Indicators as set out at Appendix 4 to the report.

 

(5)        That the Investment Strategy as detailed in the report be recommended to Council.