Issue - meetings
Capital and Investment Strategy
Meeting: 13/02/2020 - Executive (Item 100)
100 Capital Financing and Investment Strategy PDF 273 KB
The Head of Corporate Finance & Commercial Procurement to present a report which asks Executive to recommend the capital and investment strategy to Council for approval, in accordance with the Prudential Code 2017.
Additional documents:
Decision:
Recommended: That Council approve the capital and investment strategy at Annex A to the report.
Reason: To meet the statutory obligation to comply with the Prudential Code 2017.
Minutes:
The Interim s151 Officer presented a report which presented the council’s capital and investment strategy for 2020/21, in accordance with the requirements of the Prudential Code 2017.
The strategy, attached as Annex A to the report, provided a mechanism by which the council’s capital expenditure and investment decisions were aligned over the medium term. It also provided a framework for major investment decisions and all aspects of the council’s capital and investment expenditure.
Recommended: That Council approve the capital and investment strategy at Annex A to the report.
Reason: To meet the statutory obligation to comply with the Prudential Code 2017.