Decision details

To consider and determine the following Recommended minutes of Cabinet held 9 February 2023 - Capital Investment Strategy 2022 - 2032 (CAB3389)

Decision Maker: Cabinet, Council

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Decisions:

Councillor Power (Cabinet Member for Finance and Value) moved that the recommended minute of Cabinet be approved and adopted (seconded by Councillor Tod, Leader & Cabinet Member for Asset Management).

 

Council proceeded to ask questions and debate the matters in the recommended minute of Cabinet and the report.

 

RESOLVED:

 

That the recommended minute of Cabinet held 9 February 2023 (as follows) be approved and adopted:

 

1.            The Capital Investment Strategy be approved including:

 

a)    the Capital Programme and Capital Programme Financing (Appendices A and B to the report);

 

b)    the Minimum Revenue Provision (MRP) Policy Statement (Appendix E);

 

c)    the Flexible Use of Capital Receipts Strategy (Appendix G); and

 

d)    the prudential indicators detailed in the report and Appendix F.

Reason Key: Expenditure > £250,000;

Wards Affected: (All Wards);

Contact: Liz Keys, Corporate Head of Finance & Section 151 officer Email: lkeys@winchester.gov.uk.

Publication date: 24/02/2023

Date of decision: 23/02/2023

Decided at meeting: 23/02/2023 - Council

Accompanying Documents:

 

To consider and determine the following Recommended minutes of Cabinet held 9 February 2023 - Capital Investment Strategy 2022 - 2032 (CAB3389){sidenav}{content}