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Councillors and committees

Issue - meetings

Capital Programme 2022/23 to 2026/27

Meeting: 22/02/2022 - Cabinet (Item 141)

141 Capital Programme 2022/23 to 2026/27 pdf icon PDF 493 KB

Report of the Strategic Director, Resources and Digital

Minutes:

Consideration has been given to the proposed Capital Programme for the next five years to continue to provide significant levels of strategic investment to help maintain and deliver financial sustainability and support the Council’s strategic approach to Making Gateshead a Place Where Everyone Thrives.

 

 

 

RESOLVED -

(i)

That the Council be recommended to approve the Capital Programme for 2022/23 and the provisional programmes for 2023/24 to 2026/27, as set out in appendix 2 to the report.

 

 

 

 

(ii)

That the provisional capital financing required for the programme as set out in appendix 3 to the report be noted and the Strategic Director, Resources & Digital be given delegated authority to enter into prudential borrowing which is consistent with the requirements of the Capital Programme and Council’s Treasury Management Strategy.

 

 

 

The above decisions have been made for the following reasons:

 

 

 

 

(A)

To continue to provide investment within the borough to delivery Council priorities.

 

 

 

 

(B)

To assist with the medium and long-term financial sustainability of the Council.

 


 

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