Decision details

2021/22 Capital Outturn and Annual Treasury Management Review

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decisions:

The subject of the decision:

 

This report presented the capital outturn position for the year ending 31 March 2022 and also provided an update on the annual treasury management position.  Capital expenditure was intrinsically linked with treasury management as the way that the capital programme was funded, directly effected the treasury management arrangements of the Council.

 

Alternative options considered:

 

None

 

The reason for the decision:

 

To comply with 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 that Council:-

 

(1)     notes the 2021/21 capital outturn position of £19,341,809 at paragraph 2.2 of the report with the detail attached at Annex A of the report;

 

(2)     approves net carry forwards of budget to 2022/23 capital programme of £2,755,992 from quarter 4 detailed in Annex B of the report;

 

(3)     notes the treasury management outturn position 2021/22 detailed at paragraph 5.1 of the report and Annex C; and

 

(4)     notes the Prudential Indicators attached at Annex D of the report.

Reason Key: Expenditure > £50,000;

Wards Affected: All Wards;

Other reasons / organisations consulted

None

Consultees

None

Contact: Justin Ives, Chief Executive Email: justin.ives@hambleton.gov.uk.

Report author: Noel O'Neill, Saskia Calton, Ian Godfrey, Robert Kern

Publication date: 07/07/2022

Date of decision: 05/07/2022

Decided at meeting: 05/07/2022 - Cabinet

Accompanying Documents: