Decision details

2020/21 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 2020 on the progress of the Capital Programme 2020/2021 and the Treasury Management position.  A full schedule of the Capital Programme 2020/21 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 £798,859 in the Capital Programme to £19,745,917 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 £347,350 funded as follows: £323,778 is from external grants/contributions, £17,500 is funded from capital receipts and £6,072 from Economic Development Fund;


(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: 11/02/2021

Date of decision: 09/02/2021

Decided at meeting: 09/02/2021 - Cabinet

Accompanying Documents: