44 Revenue and Capital Budget Plan 2016/17 - 2019/20 - Prudential Indicators 2017/18 PDF 88 KB
Report of the Head of Corporate Resources
Minutes:
The Council considered the report of the Head of Corporate Resources relating to the latest position regarding the Council’s Prudential Indicators as required under the Prudential Code for Capital Finance in Local Authorities.
It was moved by Councillor Maher, seconded by Councillor Fairclough and
RESOLVED:
That in compliance with the Prudential Code for Capital Finance in Local Authorities, the revised Prudential Indicators as detailed in the report, be approved.
32 Revenue and Capital Budget Plan 2016/17 - 2019/20 - Prudential Indicators 2017/18 PDF 88 KB
Report of the Head of Corporate Resources
Minutes:
The Cabinet considered the report of the Head of Corporate Resources in relation to the Councils Prudential Indicators as required under the Prudential Code for Capital Finance in Local Authorities.
Decision Made:
That the revised Prudential Indicators as detailed in the report, in order to comply with The Prudential Code for Capital Finance in Local Authorities, be approved and thereon referred to the Council for its approval.
Reasons for the Decision:
The Councils Prudential Indicators for 2017/18 were approved at Budget Council in March 2017. In the event that an update is required then this is to be approved by Cabinet. Following recent investment activity by the Council an update is required to 4 of the Council’s 10 prudential indicators.
Alternative Options Considered and Rejected:
None.