Issue - decisions

(a)          That Members approve for the Council Fund:

·         Option 1 (Regulatory Method) be used for the calculation of the MRP for all capital expenditure funded from supported borrowing; this represents a continuation of the approved and adopted policy for 2015/16

·         Option 3 (Asset Life Method) be used for the calculation of the MRP in 2016/17 for all capital expenditure funded from unsupported (prudential) borrowing or credit arrangements; this represents a continuation of the approved and adopted policy for 2015/216

(b)             That Members approve for the Housing Revenue Account (HRA):-

·         Option 2 (Capital Financing Requirement Method) be used for the calculation of the HRA’s MRP in 2016/17 for all capital expenditure funded by debt; this represents a continuation of the approved and adopted policy for 2015/16.