The Cabinet considered the draft 2020/21 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:-
· The Capital Strategy 2020/21; and,
· Capital Prudential Indicators:
o Capital expenditure forecasts;
o Capital Financing Requirement projections; and
o Ratio of financing costs to net revenue stream.