Capital Strategy 2019/20 to 2023/24
Decision Maker: Council, Cabinet
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: No
Further to Minute No. 97 of the Cabinet Meeting held on 14 February 2019, the Council considered the report of the Head of Corporate Resources on the Capital Strategy 2019/20. The report indicated that the Capital Strategy set out the long-term context in which capital expenditure and investment decisions were made and considered the impact of these decisions on the priorities within the Council’s Core Purpose and Framework for Change Programme and the promises made in the 2030 Vision for Sefton; and that at the heart of the Capital Strategy was the Council’s core objective to continue to deliver financial sustainability. As such a flexible capital investment programme was more important than ever as a method to stimulate and enable economic growth and strategic investment, ensuring best use of existing assets and of generating future income streams to pay for and deliver day to day services.
The Capital Strategy was a new statutory document which the Council was required to have in place and be reviewed on an annual basis.
It was moved by Councillor Maher, seconded by Councillor Cummins and
That the Capital Strategy as set out in Appendix 1 of the report be approved.
Report author: Stephan Van Arendsen
Publication date: 05/03/2019
Date of decision: 28/02/2019
Decided at meeting: 28/02/2019 - Council