Issue - meetings
Minimum Revenue Provision 2014/15
Meeting: 18/02/2014 - Flintshire County Council (Item 99)
99 Minimum Revenue Provision 2014/15 
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Additional documents:
Decision:
That the Council accept the recommendations of the Cabinet, being that:-
(a) Option 1 (Regulatory Method) be used for the calculation of the minimum revenue provision in 2014/15 for all supported borrowing.
(b) Option 3 (Asset Life Method) be used for the calculation of the minimum revenue provision in 2014/15 for all unsupported (prudential) borrowing.
Minutes:
The Council received the report of the Head of Finance which presented to Council the recommendations of the Cabinet in relation to the setting of a prudent minimum revenue provision for the repayment of debt.
Councillor Chris Bithell proposed the acceptance of the recommendations as outlined within the report. This was seconded by Councillor Bernie Attridge.
RESOLVED:
That the Council accept the recommendations of the Cabinet, being that:-
(a) Option 1 (Regulatory Method) be used for the calculation of the minimum revenue provision in 2014/15 for all supported borrowing.
(b) Option 3 (Asset Life Method) be used for the calculation of the minimum revenue provision in 2014/15 for all unsupported (prudential) borrowing.