Issue - meetings


Meeting: 16/02/2021 - Cabinet (Item 52)

52 ANNUAL CAPITAL STRATEGY 2021/22 pdf icon PDF 187 KB

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


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.