Decision details

That Cabinet recommends to Council:

1.            The Capital Programme and Capital Programme Financing (Appendices A and B to report CAB3209) be approved.

2.            The Minimum Revenue Provision (MRP) Policy Statement (Appendix E of report CAB3209) be approved.

3.            The Prudential indicators detailed in the report CAB3209 and its appendices be approved.

4.            To note that the Council may need to increase its external borrowing in 2020/21 subject to delivery of the proposed capital programme.

That Cabinet

5.            Approves IMT equipment and software expenditure (£125,000 in 2020/21) under Financial Procedure Rule 7.4 as detailed in paragraph 11.8.6 of report CAB3209.

6.            Notes the requirement to ensure Members have the right knowledge and skills to undertake their governance role.