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.