Decision details

2018/19 Q3 Capital Monitoring and Treasury Management Report

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 3 update at 31 December 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:


Capital expenditure was intrinsically linked with Treasury Management as the way that the Capital Programme was funded directly affected the Treasury Management arrangements of the Council.




That Cabinet approves and recommends to Council:-


(1)     the net increase of £857,047 in the capital programme to £15,331,211 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 £11,845,413 where £45,000 is from the Council Tax Payers Reserve Fund, £49,313 is from external grants/contributions and £11,751,100 is funded from surplus funds or borrowing;


(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: 13/02/2019

Date of decision: 12/02/2019

Decided at meeting: 12/02/2019 - Cabinet

Accompanying Documents: