Issue - meetings

As detailed in the recommendations.

The Corporate Finance Manager introduced the Capital Strategy Including Prudential Indicators 2019/20 – 2021/22 report for approval and recommendation to Council later that day.

The report explained the need for the Strategy, its key aims and the content of each of its sections.  The report had also been submitted to Corporate Resources Overview and Scrutiny Committee the previous week and there were no comments to feed back.

RESOLVED:

            (a)       That the Capital Strategy be approved and recommended to Council;         and

            (b)       That Cabinet approve the following and recommend to Council:

·         The Prudential Indicators for 2019/20 – 2021/22 as detailed within Tables 1, and 4-7 inclusive of the Capital Strategy

·         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 (Table 6 of the Capital Strategy).