Issue - meetings

(a)       That the Capital Strategy 2019/20 – 2021/22 be approved;

(b)       That Council approved:-

• The Prudential Indicators for 2019/20 – 2021/22 as detailed within Tables 1, and 4 – 7 inclusive of the Capital Strategy reported to Cabinet.

• Delegated authority for 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 reported to Cabinet)

The Corporate Finance Manager introduced the report to present for approval the updated Capital Strategy 2019/20 – 2021/22 and a range of Prudential Indicators linked to the Capital Programme over the 3 year period 2019/20 – 2021/22.  He provided background information and reported that the Strategy had been considered at a meeting of the Corporate Resources Overview & Scrutiny Committee held on 14 February 2019.   The Corporate Finance Manager advised that there were no specific issues to report to Council.

RESOLVED:

(a)       That the Capital Strategy 2019/20 – 2021/22 be approved;

(b)       That Council approved:-

• The Prudential Indicators for 2019/20 – 2021/22 as detailed within Tables 1, and 4 – 7 inclusive of the Capital Strategy reported to Cabinet.

• Delegated authority for 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 reported to Cabinet)