Agenda item

RECOMMENDED (TO COUNCIL):

1.           That 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 of the report);

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

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

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 regarding the matters in the recommended minute and report.  There was then no debate before Council then considered the recommendations before it.

RESOLVED:

That the recommended minute of Cabinet held 12 February 2025 (as follows) be approved and adopted:

1.           That the Capital Investment Strategy is 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 of the report);

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

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