Issue - meetings

Capital Programme and Prudential Indicators 2018/19 – Third Quarter Review

Meeting: 22/01/2019 - Cabinet (Item 114)

114 Capital Programme and Prudential Indicators 2018/19 – Third Quarter Review pdf icon PDF 82 KB

Report of the Strategic Director, Corporate Resources

Additional documents:

Minutes:

Consideration has been given to the latest position on the 2018/19 capital programme and Prudential Indicators at the end of the third quarter to 31 December 2018.

 

 

 

RESOLVED -

 

That the Council be recommended to:

 

 

 

 

(i)

Approve all variations to the 2018/19 Capital Programme as detailed in appendix 2 to the report as the revised programme:

 

 

 

 

(ii)

Approve the financing of the revised programme; and

 

 

 

 

(iii)

Note the capital expenditure and capital financing requirement indicators have been revised in line with the revised budget and that none of the approved Prudential Indicators set for 2018/19 have been breached.

 

 

 

The above decisions have been made for the following reasons:

 

 

 

 

(A)

To ensure the optimum use of the Council’s capital resources in 2018/19.

 

 

 

 

(B)

To accommodate changes to the Council’s in-year capital expenditure plans.

 

 

 

 

(C)

To ensure performance has been assessed against the approved Prudential Limits.