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Issue

Issue - meetings

Capital Strategy, Treasury Management Strategy and Prudential Indicators

 

 

Meeting: 31/01/2023 - Cabinet (Item 66)

66 Capital Strategy, Treasury Management Strategy and Prudential Indicators 2023/24 pdf icon PDF 220 KB

The Report of the Interim Head of Finance and S151 Officer.

Presented by the Corporate Portfolio Holder.

 

Additional documents:

Minutes:

The Corporate Portfolio Holder presented the report and outlined the key changes in the capital strategy which would be to improve the governance and the process of managing schemes through their project lifecycle. It was noted that new schemes will be funded through business rates as opposed to borrowing.

 

It was moved by Councillor N Rushton, seconded by Councillor R Blunt and

 

RESOLVED THAT:

 

1. The attached Council report (Appendix A) be endorsed and recommended by Cabinet to Council for approval at its meeting on 23 February 2023.

2. Authority be delegated to the Section 151 Officer, in consultation with the Corporate Portfolio Holder, to make amendments to the report to improve its accuracy prior to consideration at Council on 23 February 2023.

 

Reason for decision: To meet the requirements of the Chartered Institute of Public Finance and Accountancy (CIPFA) Prudential Code for Capital Finance in Local Government.