Decision details

2019/20 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 2019 on the progress of the Capital Programme 2019/20 and the Treasury Management position.  A full schedule of the Capital Programme 2019/20 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.


The Decision:


That Cabinet approves and recommends to Council:-


(1)     the net decrease of £6,124,630 in the capital programme to £21,834,415 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 of £767,515 funded as follows: £114,015 is funded from capital receipts, £330,500 from borrowing, and £323,000 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;


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


(5)     to note the position of the Council’s third party companies at Annex F 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: 12/02/2020

Date of decision: 11/02/2020

Decided at meeting: 11/02/2020 - Cabinet

Accompanying Documents: