This report considers the 10 year Capital Programme covering the financial years 2016/17 to 2025/26; the 2016/17 Capital Programme and the Treasury Management Strategy Statement, including the Annual Investment Strategy and Minimum Revenue Provision Policy Statement.

In accepting the recommendations, Cabinet will approve and recommend to Council that the 10 year Capital Programme 2016/17 to 2025/26 at £39,037,717 be approved, as detailed in paragraph 2.2 and attached at Annex ‘A’ of the report; the Capital Programme 2016/17 at £16,758,070 detailed in Annex ‘B’ of the report be approved for implementation; the Treasury Management Strategy attached at Annex ‘C’ of the report be approved; the Minimum Revenue Provision Policy Statement attached in the body of the Treasury Management Strategy Statement Annex ‘C’ of the report be approved; the Prudential and Treasury Indicators attached at Annex ‘C’ of the report in the body of the Treasury Management Strategy Statement be approved; the revised Treasury Management Policy Statement at Annex ‘D’ of the report be approved and the Scheme of Delegation and role of the S151 Officer attached at Annex ‘E’ of the report be approved.

The subject of the decision:

This report sought approval for the Capital Programme for the financial years 2016/17 to 2025/26; the 2015/16 Capital Programme and the Treasury Management Strategy Statement, including the Annual Investment Strategy and Minimum Revenue Provision Policy Statement.

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 that Council approves:-

(1)     the 10 year Capital Programme 2016/17 to 2025/26 at £39,037,717 as detailed in paragraph 2.2 and attached at Annex A of the report;

(2)     the Capital Programme 2016/17 at £16,758,070 detailed in Annex B of the report for implementation;

(3)     the Treasury Management Strategy attached at Annex C of the report;

(4)     the Minimum Revenue Provision Policy Statement attached in the body of the Treasury Management Strategy Statement Annex C of the report;

(5)     the Prudential and Treasury Indicators attached at Annex C in the body of the Treasury Management Strategy Statement;

(6)     the revised Treasury Management Policy Statement at Annex D of the report; and

(7)     the Scheme of Delegation and role of the S151 Officer attached at Annex E of the report.