Issue - meetings

To consider a report of the Deputy Leader of the Council and Cabinet Member for Resources, Commissioning & Governance.

The Deputy Leader of the Council and Cabinet Member for Resources, Commissioning & Governance (Councillor Tom McGee) submitted a report (copies of which had been circulated) detailing the 2021/22 Capital Strategy and Capital Programme has been set to support the delivery of outcomes and outputs associated with the priorities of the Council.

RESOLVED – (61 for) That approval be given to:-

·         The Capital Strategy at Appendix One to the report;

·         The 2022/23 to 2024/25 Capital Programme and the funding arrangements as described in the report and set out at Appendix Two to the report; and,

·         The prudential indicators set out in Appendix Three to the report.

The names of those councillors voting on this resolution were recorded as follows:-

Those councillors who voted for the resolution were:-

The Mayor (Councillor Adrian Nottingham); The Deputy Mayor (Councillor David Wilson); Councillors Shan Alexander, Malcolm Allan, Lou Ankers, Paul Ankers, Brian Bagnall, Grace Baynham, Kate Butler, Anna Charles-Jones, Angie Clark, Laura Clingan, Stuart Corris, Becky Crawford, Dickie Davies, Will Dawson, Roy Driver, Dean Fitzpatrick, Colin Foster, Helen Foster-Grime, Chris Gordon, Graham Greenhalgh, Steve Gribbon, Oliver Harrison, Keith Holloway, Linda Holt, Mark Hunter, Mike Hurleston, Oliver Johnstone, Jilly Julian, Gary Lawson, Rory Leonard, Colin MacAlister, Carole McCann, John McGahan, Tom McGee, Wendy Meikle, David Meller, Janet Mobbs, Tom Morrison, Amanda Peers, Iain Roberts, Mark Roberts, Dena Ryness, David Sedgwick, Becky Senior, Lisa Smart, Andy Sorton, Charlie Stewart, John Taylor, Aron Thornley, Sue Thorpe, Alanna Vine, Lisa Walker, Kerry Waters, Jude Wells, Wendy Wild, Elise Wilson, John Wright, Suzanne Wyatt and Matt Wynne.

To consider a report of the Cabinet Member for Resources, Commissioning & Governance.

The report proposes the 2022/23 Capital Strategy and Capital Programme, which are written in accordance with the CIPFA Prudential Code.

The Capital Strategy provides a framework for the Council’s capital investment plans, ensuring effective planning, option appraisal, risk management, and governance processes.  It is a high-level overview of capital investment offering Members sufficient details to understand how stewardship, value for money, prudence, sustainability and affordability will be secured.

The report includes the 2022/23 to 2024/25 Capital Programme and sets out the prudential indicators, which demonstrate that the Council’s capital investment plans are affordable, prudent, and sustainable.  In addition, future plans in key areas of major capital investment have been included.

The Cabinet is recommended to ask the Council Meeting to approve:-

·         The Capital Strategy at Appendix one;

·         The 2022/23 to 2024/25 Capital Programme and the funding arrangements as described in the report and set out at Appendix two; and,

·         The prudential indicators set out in Appendix three.

Officer Contact: Paula McDonald on 0161 474 4708 or email: paula.mcdonald@stockport.gov.uk

The Deputy Leader of the Council & Cabinet Member for Resources, Commissioning & Governance (Councillor Tom McGee) submitted a report (copies of which had been circulated) inviting the Cabinet to consider its proposed 2022/23 Capital Strategy and Capital Programme that aimed to provide a framework for the Council’s capital investment plans, ensuring effective planning, option appraisal, risk management, and governance processes and which had been developed in accordance with the CIPFA Prudential Code.

RESOLVED – That in relation to the Capital Strategy and Capital Programme 2022/23, the Council Meeting be recommended to approve:-

·         The Capital Strategy at Appendix one;

·         The 2022/23 to 2024/25 Capital Programme and the funding arrangements as described in the report and set out at Appendix two; and,

·         The prudential indicators set out in Appendix three.