Issue - meetings

2015/16 Capital and Treasury Management Outturn Position

Meeting: 05/07/2016 - Cabinet (Item 15)

15 2015/16 Capital and Treasury Management Outturn Position pdf icon PDF 192 KB

This report presents the capital outturn position for the year ending 31 March 2016 and also provides an update on the annual treasury management position.   Capital expenditure is intrinsically linked with treasury management as the way that the capital programme is funded directly affects the treasury management arrangements of the Council.

 

In accepting the recommendations, Cabinet will approved and recommend that Council notes the 2015/16 capital outturn position of £13,951,716 at paragraph 2.3 and attached at Annex A of the report; approves the under spend of £29,885 at paragraph 2.8 and over spend of £49,703 at paragraph 2.8 of the report; approves the requests at paragraph 2.9 of the report for re-profiling the capital schemes totalling £305,505 from 2015/16 programme to 2016/17; approves the requests at paragraph 2.13 of the report for re-profiling the additional capital schemes totalling £4,061,574 from 2015/16 programme to 2016/17; notes the treasury management outturn position 2015/16 detailed at paragraph 9.2 of the report and notes the Prudential Indicators attached at Annex C of the report.

 

Additional documents:

Minutes:

The subject of the decision:

 

This report presented the Capital outturn position for the year ending 31 March 2016 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 affected the treasury management arrangements of the Council.

 

Alternative options considered:

 

None.

 

The reason for the decision:

 

To ensure that the overall Capital programme remained affordable and sustainable over the 10 year approved capital plan.

 

THE DECISION:

 

That Cabinet approves and recommends to Council that:-

 

(1)     the 2015/16 capital outturn position of £13,951,716 at paragraph 2.3 and attached at Annex ‘A’ of the report be noted;

 

(2)     the under spend of £29,885 at paragraph 2.6 and over spend of £49,703 at paragraph 2.8 of the report be approved;

 

(3)     the requests at paragraph 2.9 of the report for re-profiling the capital schemes totalling £305,505 from 2015/16 programme to 2016/17 be approved;

 

(4)     the requests at paragraph 2.10 of the report for re-profiling the additional capital schemes totalling £4,061,574 from 2015/16 programme to 2016/17 be approved;

 

(5)     the Treasury Management outturn position 2015/16 detailed at paragraph 9.2 of the report be noted; and

 

(6)     the Prudential Indicators attached at Annex ‘C’ of the report be noted.