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Decision details

Capital Strategy 2019-2024

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To consider, and if agreed, to recommend to Council the Capital Strategy for the period between 2019-2024.

Decision:

(a)  That the capital strategy of £239.3m and the Minimum Revenue Provision is approved and recommended to full Council.

 

(b)  That it be noted that the notional costs of borrowing for the capital programme to the revenue budget will be an increase of up to £4.188m per annum -commencing during the period of the capital strategy to fund borrowing.

 

(c)  That the principles underpinning the capital programme in paragraph 5.1.2 of the report and the Minimum Revenue Provision principles in Section 6 be approved.

 

(d)  That appendices A and B detailing the capital programmes be approved.

Report author: Neil Wilcox

Publication date: 25/01/2019

Date of decision: 04/02/2019

Decided at meeting: 04/02/2019 - Cabinet

Accompanying Documents: