Issue - meetings

To receive a report of the Deputy Chief Executive (S151) seeking approval of the 2020/21 Capital Programme and to note the draft 2021/22, 2022/23 and 2023/24 programmes.

The Cabinet had before it * a report of the Deputy Chief Executive (S151) seeking approval for the 2020/21 Capital Programme and requesting it to note the draft 2021/22, 2022/23 and 2023/24 programmes.

The Cabinet Member for Finance outlined the contents of the report highlighting and explaining the proposed recommendations and stating that due to austerity the council continued to explore as many commercial opportunities as possible.

Consideration was given to:

·         Funding for projects highlighted in the proposed Corporate Plan

·         Amounts that would be rolled over from one financial year to the next

·         The proposal for an in-year review of the Capital Programme, Capital Strategy and Treasury Management Strategy to take account of the emerging Corporate Plan and the delivery of projects for Cullompton and Tiverton.

It was therefore:

RESOLVED that an in-year review of the Capital Programme, Capital Strategy and Treasury Management Strategy take place to take account of the emerging Corporate Plan and the delivery of projects for Cullompton and Tiverton.

(Proposed by Cllr G Barnell and seconded by Cllr Mrs N Woollatt)

 and

RECOMMENDED to Council that:

(Proposed by the Chairman)

Note:  *Report previously circulated, copy attached to minutes