Consideration was given to the report of the Head of Finance, Procurement & Commercial Services, as contained on pages 133 to 161 of the Book of Reports, which detailed the framework for capital financing and treasury management operations for the next financial year.
An Addendum to the report, setting out a revised paragraph 1.8.1 of Appendix 1, including the Minutes of the Executive Overview & Scrutiny Committee and Cabinet, had been circulated prior to the meeting.
RESOLVED:
A. That the projected position in respect of the Prudential Indicators for 2023-24 set out in Appendix 1 to the report, be noted.
B. That the Treasury and Prudential Indicators for the next three years, set out in Appendix 1 to the report, be approved.
C. That the capital expenditure projections, detailed in Appendix 1 to the report, be approved.
D. That the Capital Financing Requirement projections, set out in Appendix 1 to the report, be approved.
E. That the minimum revenue provision policy, as set out in section 4.5 of the report, be approved.
Councillor R Molloy introduced the report of the Head of Finance, Procurement & Commercial Services, which set the framework for capital financing and treasury management operations for the next financial year.
The minute of the Executive Overview & Scrutiny Committee had been circulated prior to the meeting.
In reaching the decision below, Cabinet considered the report before it and the recommendations contained therein.
RESOLVED: That Council be recommended to approve:
A. That the projected position in respect of the Prudential Indicators for 2023-24 set out in Appendix 1 to the report, be noted.
B. That the Treasury and Prudential Indicators for the next three years, set out in Appendix 1, be agreed.
C. That the capital expenditure projections in Appendix 1 be agreed.
D. That the Capital Financing Requirement projections, set out in Appendix 1, be agreed.
E. That the Minimum Revenue Position policy, as set out in section 4.5 of the report, be agreed.