Issue - meetings

Capital Programme and Prudential Indicators 2016/17

 

 

Meeting: 02/02/2017 - Council (Item 93)

93 Capital Programme and Prudential Indicators 2016/17 - Third Quarter Review pdf icon PDF 211 KB

Report of the Strategic Director, Corporate Resources

Additional documents:

Minutes:

Consideration was given to a report that informed of the latest position on the 2016/17 capital programme and Prudential Indicators at the end of the third quarter to 31 December 2016. The report also informed of reasons for the variances from the approved programme and detailed the proposed financing of the capital programme.

 

COUNCIL RESOLVED          -           i)          That all variations of the 2016/17 Capital

Programme, as detailed in Appendix 2 of the report, be agreed as the revised programme.

 

                                                            ii)         That the financing of the revised

programme be approved.

 

                                                            iii)         That the capital expenditure and capital

financing requirement indicators be confirmed as being revised in line with the revised budget and that none of the approved Prudential Indicators set for 2016/17 have been breached.

 

Meeting: 24/01/2017 - Cabinet (Item 162)

162 Capital Programme and Prudential Indicators 2016/17 - Third Quarter Review pdf icon PDF 286 KB

Report of the Strategic Director, Corporate Resources

Additional documents:

Minutes:

Consideration has been given to the latest position on the 2016/17 Capital Programme and Prudential Indicators at the end of the third quarter to 31 December 2016.

 

 

 

RESOLVED -

 

That the Council be recommended to:

 

 

 

 

(i)

Approve that all variations to the 2016/17 Capital Programme as detailed in appendix 2 to the report be agreed as the revised programme.

 

 

 

 

(ii)

Approve the financing of the revised programme.

 

 

 

 

(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 2016/17 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 2016/17.

 

 

 

 

(B)

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

 

 

 

 

(C)

To monitor performance within the approved Prudential Limits.