Issue - meetings

Consideration has been given to the latest position on the 2023/24 Capital Programme and Prudential Indicators at the end of the first quarter to 30 June 2023.

RESOLVED -

(i)

That the Council be recommended to approve all variations to the 2023/24 Capital Programme as detailed in appendix 2 to the report.

(ii)

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

(iii)

That it be confirmed to Council that capital expenditure and financing requirements have been revised in line with the amended budget and none of the approved Prudential Indicators set for 2023/24 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 2023/24.

(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.