Issue - meetings
2017/18 Q2 Capital Monitoring and Treasury Management Mid-Year Review
Meeting: 05/12/2017 - Cabinet (Item 38)
38 2017/18 Q2 Capital Monitoring and Treasury Management Mid-Year Review 
PDF 68 KB
This report provides the Quarter 2 update as at 30 September 2017 on the progress of the Capital Programme 2017/18 and the Treasury Management position. A full schedule of the Capital Programme 2017/18 schemes is attached at Annex A of the report, together with the relevant update on progress of each scheme.
In accepting the recommendations, Cabinet will approve and recommend to Council the net decrease of £9,513,729 in the Capital Programme to £7,363,851 and all expenditure movements as detailed in Annex B of the report and also in the Capital Programme attached at Annex A of the report; the increase of capital expenditure £65,390 is funded from capital receipts; the funding allocation to the Capital Programme as detailed in paragraphs 3.1 and 3.2 of the report; and the Treasury Management and prudential indicators at Annex E of the report.
Additional documents:
- Capital Programme Schemes Annex A A4, item 38
PDF 26 KB
- 201718 Capital Monitoring and Treasury Management Annexes B to E, item 38
PDF 169 KB
Minutes:
The subject of the decision:
This report provided the Quarter 2 update at 30 September 2017 on the progress of the Capital Programme 2017/18 and the Treasury Management position. A full schedule of the Capital Programme 2017/18 schemes was attached at Annex A of the report, together with the relevant update on progress of each scheme.
Alternative options considered:
None.
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.
THE DECISION:
That Cabinet approves and recommends to Council that:-
(1) the net decrease of £9,513,729 in the Capital Programme to £7,363,851 and all expenditure movements as detailed in Annex ‘B’ and also in the Capital Programme attached at Annex ‘A’ of the report be approved;
(2) the increase of capital expenditure of £65,390 is funded from capital receipts;
(3) the funding allocation to the Capital Programme as detailed in paragraphs 3.1 and 3.2 of the report be approved;
(4) the Treasury Management and Prudential Indicators at Annex ‘E’ of the report be approved.