Issue details - The Prudential Code for Capital Finance in Local Authorities - Prudential Indicators 2019/20

Issue details

The Prudential Code for Capital Finance in Local Authorities - Prudential Indicators 2019/20

The CIPFA Prudential Code for Capital Finance in Local Authorities was introduced following the Local Government Act 2003. It details a number of measures/limits/parameters (Prudential Indicators) that are required to be set each financial year. The approval of these limits will ensure that the Council complies with the relevant legislation, is acting prudently and that its capital expenditure proposals are affordable. This report presents for approval the Prudential Indicators required to be set by the Council in 2019/20 to comply with the code.

Decision type: Key

Reason Key: Both Financial and Community Impact;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 21/12/2018

Financial: Yes;

Community Impact: Yes;

Decision due: 14 Feb 2019 by Cabinet

Decision due: 28 Feb 2019 by Council

Lead member: Cabinet Member - Regulatory, Compliance and Corporate Services

Lead director:

Department: Regulatory, Compliance and Corporate Services

Contact: Graham Hussey Email: graham.hussey@sefton.gov.uk Tel: 0151 934 4100.

Consultation process

Not applicable

Consultees

Not applicable

Decisions

Agenda items

List of background documents to be considered by decision maker

  • The Prudential Code for Capital Finance in Local Authorities - Prudential Indicators 2019/20