Issue - meetings

To receive a report of the Deputy Chief Executive (S151) requesting agreement of the proposed Capital Strategy for 2019/20.

The Cabinet had before it a * report of the Deputy Chief Executive (S151) requesting agreement of the proposed Capital Strategy for 2019/20.

The Cabinet Member for Finance outlined the contents of the report stating that the new reporting procedures required by CIPFA which gave a high level overview of how capital expenditure, capital financing and treasury management actively contributed to the provision of local public services along with an overview of how associated risk was managed and the implications for future financial sustainability.

Consideration was given to the prudential indicators for estimates of capital expenditure.

(Proposed by Cllr P H D Hare-Scott and seconded by Cllr R L Stanley)

Note:  *Report previously circulated, copy attached to minutes.