Issue - meetings

As detailed in the recommendations.

The Corporate Finance Manager introduced the Capital Strategy Including Prudential Indicators 2020/21 – 2022/23 report which provided an update on the Council’s Capital Strategy for recommendation to Council.

                        The report explained the need for the Strategy, its key aims and the content of each of its sections.

                        The report had been submitted to Corporate Resources Overview and Scrutiny Committee the previous week and there were not issues to report to Cabinet.

            RESOLVED:

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

            (b)       That the following be approved and recommended to Council:

·         The Prudential Indicators for 2020/21 – 2022/23 as detailed within Tables 1, and 4-7 inclusive of the Capital Strategy;

·         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.