Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
The Council considered the report of the Deputy Chief Executive / Director - Resources and Section 151 Officer which sought approval for the Capital Strategy 2021/22 which incorporated the Minimum Revenue Provision Policy and Capital Prudential Indicators. The Strategy had been updated in accordance with the latest guidance.
The Capital Strategy outlined the principles and framework that shaped the Council’s capital decisions. The principle aim was to deliver a programme of capital investment that contributed to the achievement of the Council’s priorities and objectives as set out in the Corporate Plan. The Strategy was attached as appendices to the report.
AGREED (with 34 votes for and 1 against) that:
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(a) |
the Capital Strategy for 2021/22 be approved; |
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(b) |
the Capital Prudential Indicators and Limits for 2021/22, contained within Appendix A to the report, be approved; |
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(c) |
the Minimum Revenue Provision (MRP) Policy Statement as contained within Appendix C to the report, which sets out the Council’s policy on MRP, be approved; and |
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(d) |
the Flexible Use of Capital Receipts Strategy as contained within Appendix D to the report, be approved. |
Publication date: 06/09/2021
Date of decision: 09/03/2021
Decided at meeting: 09/03/2021 - Full Council
Accompanying Documents:
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