Decision details

Capital Strategy 2018/24

Decision Maker: Cabinet

Decision status: Recommendations Approved

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 2018-2023.

Decision:

(a)  That the capital strategy of £285.0m and the Minimum Revenue Provision be 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 would be an increase of up to £5.5m per annum -commencing during the period of the capital strategy to fund borrowing.

 

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

 

(d)  That appendices A and B detailing the capital programmes (subject to these having approved Final Business Cases by the Capital Strategy Board) be approved.

Report author: Neil Wilcox

Publication date: 26/01/2018

Date of decision: 05/02/2018

Decided at meeting: 05/02/2018 - Cabinet

Accompanying Documents: