Agenda item

RECOMMENDATIONS:

1.           The Capital Investment Strategy be approved including:

(i)      the Capital Programme and Capital Programme Financing (Appendices A and B to report CAB3443);

(ii)    the Minimum Revenue Provision (MRP) Policy Statement (Appendix E of the report);

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

(iv)   the prudential indicators detailed in the report and Appendix F of the report.

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

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

RESOLVED:

That the recommended minute of Cabinet held 8 February 2024 (as follows) be approved and adopted:

1.      The Capital Investment Strategy be approved including:

(i)      the Capital Programme and Capital Programme Financing (Appendices A and B to report CAB3443);

(ii)     the Minimum Revenue Provision (MRP) Policy Statement (Appendix E of the report);

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

(iv)   the prudential indicators detailed in the report and Appendix F of the report.