Issue - meetings

Capital Programme and Prudential Indicators 2022/23 – Third Quarter Review

Meeting: 26/01/2023 - Council (Item 75)

75 Capital Programme and Prudential Indicators 2022/23 – Third Quarter Review PDF 90 KB

Additional documents:

Minutes:

Consideration was given to a report setting out the latest position on the 2022/23 Capital Programme and Prudential Indicators at the end of the third quarter to 31 December 2022.

COUNCIL RESOLVED - (i) That the revision to the capital

programme be approved.

(ii) That the financing of the revised

programme be approved.

(iii) That it be noted that Cabinet confirms

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 2022/23 have been breached.

Meeting: 24/01/2023 - Cabinet (Item 108)

108 Capital Programme and Prudential Indicators 2022/23 – Third Quarter Review PDF 90 KB

Report of the Strategic Director, Resources and Digital

Additional documents:

Minutes:

Consideration has been given to the latest position on the 2022/23 Capital Programme and Prudential Indicators at the end of the third quarter to 31 December 2022.

RESOLVED -	(i)	That the Council be recommended to approve the revision to the Capital Programme as set out in the report.

	(ii)	That the Council be recommended to approve the financing of the revised programme as set out in the report.

	(iii)	That it be confirmed to the 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 2022/23 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 2022/23.

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

	(C)	To ensure performance has been assessed against approved Prudential Limits.