Decision details

Capital Strategy 2019/20 (LDR75)

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The Council Meeting will be invited to consider and approve a refreshed Capital Strategy which sets out the principles and priorities for capital investment.

Decision:

The Cabinet considered the draft 2019/20 Capital Strategy, developed in accordance with the CIPFA Prudential Code, which provided a framework for the Council’s capital investment plans and recommended to the Council Meeting that it approve:-

(i) Capital Prudential Indicators

· Capital expenditure forecasts;

· Capital Financial Requirements projections; and

· Ratio of financing costs to new revenue stream.

(ii) The Capital Strategy 2019/20.

Alternative options considered:

None

Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: CAB151

Declarations or conflicts of Interest: None

Forward Plan Reference: LDR75

Other reasons / organisations consulted

N/A

Contact: Jonathan Davies, Corporate and Support Services Email: jonathan.davies@stockport.gov.uk Tel: 218 1025.

Report author: Paula McDonald

Publication date: 07/02/2019

Date of decision: 05/02/2019

Decided at meeting: 05/02/2019 - Cabinet

Accompanying Documents: