Issue - meetings

2017/18 Capital Programme Budget, Treasury Management Strategy Statement and Prudential Indicators

Meeting: 07/02/2017 - Cabinet (Item 67)

67 2017/18 Capital Programme Budget, Treasury Management Strategy Statement and Prudential Indicators pdf icon PDF 90 KB

This report considers the 10 year Capital Programme covering the financial years 2017/18 to 2026/27, the 2017/18 Capital Programme and the Treasury Management Strategy Statement; including the Annual Investment Strategy and Minimum Revenue Provision Policy Statement.

 

In accepting the recommendations Cabinet will approve and recommend to Council that the 10 year Capital Programme 2017/18 to 2026/27 at £24,159,352 be approved, as detailed in paragraph 2.2 and attached at Annex ‘A’ of the report; the Capital Programme 2017/18 at £9,554,070 detailed in Annex ‘B’ of the report be approved for implementation; the Treasury Management Strategy attached at Annex ‘C’ of the report be approved; the Minimum Revenue Provision Policy Statement attached in the body of the Treasury Management Strategy Statement Annex ‘C’ of the report be approved; the Prudential and Treasury Indicators attached at Annex ‘C’ of the report in the body of the Treasury Management Strategy Statement be approved; the revised Treasury Management Policy Statement at Annex ‘D’ of the report be approved; and the Scheme of Delegation and role of the S151 Officer attached at Annex ‘E’ of the report be approved.

Additional documents:

Minutes:

The subject of the decision:

 

This report sought approval for the Capital Programme covering the financial years 2017/18 to 2026/27; the 2017/18 Capital Programme and the Treasury Management Strategy Statement, including the Annual Investment Strategy and Minimum Revenue Provision Policy Statement.

 

It was reported that a Members’ Seminar would be arranged to provide further information on the 10 year Capital Programme, including the Financial Strategy.

 

Alternative options considered:

 

None.

 

The reason for the decision:

 

To comply with the requirements as set out under the Local Government Act 2003 and the CIPFA Prudential Code.

 

THE DECISION:

 

That Cabinet approves and recommends to Council that:-

 

(1)     the 10 year Capital Programme 2017/18 to 2026/27 at £25,359,352 be approved, as detailed in paragraph 2.2 and as attached at Annex A of the report;

 

(2)     the Capital Programme 2017/18 at £9,554,070 as detailed in Annex B of the report be approved for implementation;

 

(3)     the Treasury Management Strategy attached at Annex C of the report be approved;

 

(4)     the Minimum Revenue Provision Policy Statement attached in the body of the Treasury Management Strategy Statement at Annex C of the report be approved;

 

(5)     the Prudential and Treasury Indicators attached at Annex C in the body of the Treasury Management Strategy Statement be approved;

 

(6)     the revised Treasury Management Policy Statement at Annex D of the report be approved; and

 

(7)     the Scheme of Delegation and role of the S151 Officer attached at Annex E of the report be approved.