Issue - meetings
Report - Capital Strategy Report March 2023
Meeting: 07/03/2023 - Cabinet (Item 8.)
8. Capital Strategy Report March 2023 
PDF 166 KB
This report will follow.
Additional documents:
- 2 & 3. Part I and II Capital Expenditure and Aspirations 2023 to 2032, item 8.
PDF 728 KB
- 4. Appendix 2 - Investment Indicators 23-24 FINAL, item 8.
PDF 438 KB
Decision:
1. That Part I of the Capital Strategy (Capital Expenditure and Aspirations) be approved including:
a) The Short / Medium / Long-term Aspirations set out in Appendix 1.
2. That Part II of the Capital Strategy (Borrowing and Investing) be approved including:
a) The Minimum Revenue Provision (MRP) for Debt Repayment Policy (Part II, (paragraph 2.5)
b) The investment indicators in Part II - Appendix 2 (Part II, paragraph 3.5) Link Asset Services 4
c) That the Director of Finance and Resources (Section 151 Officer) will bring a report to the next Cabinet and City Council if (Part II, paragraph 3.5):
(i) The Council's gross General Fund (GF) debt exceeds 500% of GF net service expenditure or;
(ii)Overall investment income and long-term treasury management investments exceeds 15.4% of GF net service expenditure.