Issue - meetings

Capital Programme and Prudential Indicators 2017/18 – Year End Outturn

 

 

Meeting: 19/06/2018 - Cabinet (Item 19)

19 Capital Programme and Prudential Indicators 2017/18 – Year End Outturn pdf icon PDF 86 KB

Report of the Strategic Director, Corporate Resources

Additional documents:

Minutes:

Consideration has been given to:

a)   a breakdown of the 2017/18 capital programme which included capital        payments of £74.8m;

b)   an assessment of reasons for the variations from the third quarter review       and details of the proposed financing of the capital programme; and

c)   the impact of CIPFA’s Prudential Code on the capital programme and the         monitoring of performance against the statutory Prudential Indicators.

 

 

 

RESOLVED -            (i)         That the Council be recommended to approve all                                             variations to the 2017/18 capital programme as                                                detailed in Appendix 2 to the report.

 

                                    (ii)        That the Council be recommended to approve the                                            financing of the 2017/18 capital programme.

 

                        (iii)       Council 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 decision have been made for the following reasons:

 

(A)      To ensure the optimum use of the Council’s capital      resources in 2017/18.

 

(B)      To monitor actual performance against the                     approved Prudential Indicators.