This report considers the 10 year Capital Programme covering the financial years 2018/19 to 2027/28, the 2018/19 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 2018/19 to 2027/28 at £27,740,093 be approved, as detailed in paragraph 2.2 and attached at Annex ‘A’ of the report; the Capital Programme 2018/19 at £1,744,830 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’ 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 2018/19 to 2027/28; the 2018/19 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 to Council that:-

(1)     the 10 year Capital Programme 2018/19 to 2027/28 at £27,740,093 be approved, as detailed in paragraph 2.2 and attached at Annex ‘A’ of the report;

(2)     the Capital Programme 2018/19 at £1,744,830 detailed in Annex ‘B’ of the report be approved for implementation;

(3)     the Treasury Management Strategy attached at Annex ‘C’ of the report be approved;

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

(5)     the Prudential and Treasury Indicators attached at Annex ‘C’ of the report in the body of the Treasury Management Strategy Statement be approved;

(6)     the Treasury Management Scheme of Delegation at Annex ‘D’ of the report be approved; and

(7)     the Treasury Management role of the S151 Officer attached at Annex ‘E’ of the report be approved.