Issue - meetings

(a)       That the Council approve the Prudential Indicators for 2017/18 – 2019/20 as detailed in Section 1 of the report to Cabinet on 14 February 2017; and

(b)       That Delegated Authority be given to the Corporate Finance Manager to effect movements between the separately agreed limits within the authorised limit for external debt and the operational boundary for external debt (paragraphs 1.19 – 1.20 of the report to the 14 February 2017 meeting of Cabinet).

The Corporate Finance Manager introduced a report to present to Council the recommendation of the Cabinet in relation to the setting of Prudential Indicators for the period 2017/18 to 2019/20.  He provided background information and advised that the Prudential Code sets out the indicators that must be used and the factors that must be taken into account in preparing such.  Further details were contained in the appended report to Cabinet.

            On being put to the vote, Members voted unanimously in favour of the recommendations.

RESOLVED

(a)       That the Council approve the Prudential Indicators for 2017/18 – 2019/20 as detailed in Section 1 of the report to Cabinet on 14 February 2017; and

(b)       That Delegated Authority be given to the Corporate Finance Manager to effect movements between the separately agreed limits within the authorised limit for external debt and the operational boundary for external debt (paragraphs 1.19 – 1.20 of the report to the 14 February 2017 meeting of Cabinet).