52 ANNUAL CAPITAL STRATEGY 2021/22 
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To consider Report No. FIN2105 (copy attached), which seeks approval of
the Council’s Capital Strategy for the year 2021/22, for submission to the
Council on 25th February, 2021.
Presented By: Cllr Paul Taylor, Corporate Services Portfolio Holder
Minutes:
The Cabinet considered
Report No. FIN2105, which set out the Council’s Capital Strategy for 2021/22,
which included the Prudential Indicators for Capital Finance. Members were
informed that this Report complemented the Annual Treasury Management Strategy
Report that had been considered earlier in the meeting.
Members were reminded
that the purpose of the Capital Strategy was to give an overview of how the
Council’s capital expenditure, capital financing and treasury management
activities contributed to the provision of local services, along with an
overview of how associated risks would be managed and the implications for
future financial sustainability.
The Cabinet RECOMMENDED
TO THE COUNCIL that
approval be given to the Capital Strategy for 2021/22 to 2023/24 and Prudential
Indicators for 2021/22, as set out in Appendix A of Report No. FIN2105.