Issue - meetings

Capital Financing Strategy 2021/22

Meeting: 01/03/2021 - Council (Item 62)

62 CAPITAL FINANCING STRATEGY 2021/22 pdf icon PDF 48 KB

Minute with recommendations and report attached.

Additional documents:

Minutes:

The fifth item requiring approval was in relation to the Capital Financing Strategy for 2021/22.

 

On a motion by Councillor Janette Williamson, seconded by Councillor Anita Leech, it was –

 

Resolved – That the recommendations contained within minute 70 of the Policy and Resources Committee of 17 February, 2021, be agreed in that the following be approved:

 

(1)  the Capital Strategy for 2021/22;

 

(2)  the associated Prudential Indicators to be adopted;

 

(3)  the Council’s Minimum Revenue Provision policy.


Meeting: 17/02/2021 - Policy and Resources Committee (Item 70)

70 Capital Financing Strategy 2021/22 pdf icon PDF 227 KB

Additional documents:

Minutes:

Shaer Halewood, Director of Resources, introduced a report on the Capital Financing Strategy. The Authority’s treasury management activity was underpinned by CIPFA’s 2017 Code of Practice on Treasury Management (“the Code”), in which there was the requirement for Council to approve an annual Capital Strategy. The report fulfilled the Authority’s legal obligation under the Local Government Act 2003 to have regard to the CIPFA Code.

 

On a motion by the Chair, seconded by Councillor Anita Leech, it was –

 

RECOMMENDED – To Council -

 

(1)  the approval of the Capital Strategy for 2021/22;

 

(2)  the approval of the associated Prudential Indicators to be adopted;

 

(3) the approval of the Council’s Minimum Revenue Provision policy.