Issue - meetings
Minimum Revenue Provision 2013/14
Meeting: 01/03/2013 - Flintshire County Council (Item 145)
145 Minimum Revenue Provision 2013/14 
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Additional documents:
Decision:
That the Council accept the recommendations of the Cabinet, being that:-
(1) Option 1 (Regulatory Method) be used for the calculation of the minimum revenue provision in 2013/14 for all supported borrowing.
(2) Option 3 (Asset Life Method) be used for the calculation of the minimum revenue provision in 2013/14 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 J.B. Attridge, Deputy Leader and Cabinet Member for Environment proposed the acceptance of the recommendations as outlined within the report. This was seconded by Councillor R.K. Jones.
RESOLVED:
That the Council accept the recommendations of the Cabinet, being that:-
(1) Option 1 (Regulatory Method) be used for the calculation of the minimum revenue provision in 2013/14 for all supported borrowing.
(2) Option 3 (Asset Life Method) be used for the calculation of the minimum revenue provision in 2013/14 for all unsupported (prudential) borrowing.