Decision details

2018/19 Q2 Capital Monitoring and Treasury Management Mid-Year Review

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No


The subject of the decision:


This report provided the Quarter 2 update at 30 September 2018 on the progress of the Capital Programme 2018/19 and the Treasury Management position.  A full schedule of the Capital Programme 2018/19 schemes was attached at Annex A of the report, together with the relevant update on progress of each scheme.


Alternative options considered:




The reason for the decision:


To comply with the requirements of the Local Government Act 2003 and the Chartered Institute of Public Finance and Accountancy (CIPFA) Prudential Code and the CIPFA Treasury Management Code of Practice.




That Cabinet approves and recommends to Council that:-


(1)     the net decrease of £133,034 in the capital programme to £14,474,164 and all expenditure movements as detailed in Annex B and also in the capital programme attached at Annex A of the report;


(2)     the increase of capital expenditure is funded from earmarked reserves at £103,775 where £24,800 is funded from the Computer fund, £20,000 is funded from the Council Tax Payers Reserve, £5,235 is funded from capital receipts and £53,740 is from external grants/contributions;


(3)     the funding allocation to the capital programme as detailed in paragraph 3.1 and 3.2 of the report; and


(4)     the treasury management and prudential indicators at Annex E of the report.

Reason Key: Expenditure > £50,000;

Wards Affected: (All Wards);

Other reasons / organisations consulted




Contact: Louise Branford-White, Director of Finance (s151 Officer) Email:

Report author: Louise Branford-White

Publication date: 05/12/2018

Date of decision: 04/12/2018

Decided at meeting: 04/12/2018 - Cabinet

Accompanying Documents: