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