Issue - meetings

Capital Programme and Prudential Indicators 2017/18

 

 

Meeting: 20/07/2017 - Council (Item 32)

32 Capital Programme and Prudential Indicators 2017/18 - First 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 2017/18 capital programme and Prudential Indicators at the end of the first quarter to 30 June 2017. The report assessed the variances from the approved programme and detailed the proposed financing of the capital programme. The report also considered the impact of CIPFA’s Prudential Code on the capital programme and the monitoring of performance against the statutory Prudential Indicators.

 

COUNCIL RESOLVED          -           (i)         That all variations to the 2017/18 Capital

Programme be approved as the revised programme.

 

                                                            (ii)        That financing of the revised programme

be approved.

 

                                                            (iii)       That it be confirmed that 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 2017/18 have been breached.

 

Meeting: 18/07/2017 - Cabinet (Item 35)

35 Capital Programme and Prudential Indicators 2017/18 - First Quarter Review pdf icon PDF 313 KB

Report of the Strategic Director, Corporate Resources

Additional documents:

Minutes:

Consideration has been given to the latest position on the 2017/18 capital programme and Prudential Indicators at the end of the first quarter to 30 June 2017

 

 

 

RESOLVED -

 

That the Council be recommended to:

 

 

 

 

(i)

Approve that all variations to the 2017/18 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 that 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 2017/18 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 2017/18.

 

 

 

 

(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.