Issue - meetings

To consider the report of the Borough Treasurer.

Consideration was given to the report of the Borough Treasurer which set out details on the General Revenue Account (GRA) medium term capital programme position for the next three years.

The Deputy Borough Treasurer attended the meeting and provided an overview referring to detail as set down in the report. 

RESOLVED:  That the report be noted.

(Relevant Portfolio Holder: Councillor C Wynn)

Councillor Wynn introduced the report of the Borough Treasurer which set out details on the General Revenue Account medium term capital programme position for the next 3 years.

In reaching the decision below, Cabinet considered the details as set out in the report before it and accepted the reasons contained therein.

RESOLVED (A)     That the medium term financial position be noted, and consideration be given to how a balanced capital programme can be achieved.

(B)    That the Portfolio Holder for Finance be given delegated authority to submit firm proposals to Council on 22February 2017 to enable the capital programme to be set.

(C)    That call-in is not appropriate for this item as it is to be submitted to the Executive Overview and Scrutiny Committee on 26 January 2017.