Decision details
Report of the Director of Finance and Business Improvement - Medium Term Financial Strategy 2017/18 Onwards - Capital Programme
Decision Maker: Policy and Resources Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To determine the strategy for developing the future capital programme, for 2017/18 onwards, as part of the consideration of the medium term financial strategy.
Decision:
That:
1.
The strategy’s principles as set out in paragraphs 2.5 to
2.10 of the report of the Director of Finance and Business
Improvement be agreed;
2.
The capital funding projection as set out in Appendix B to the
report of the Director of Finance and Business Improvement be
agreed;
3.
The capital programme 2017/18 onwards, as set out in Appendix C to
the report of the Director of Finance and Business Improvement, be
agreed;
4.
In agreeing to recommendations 2 and 3 above, prudential borrowing
limit of £29,002,870 over the period of the programme be
noted, which will be recommended to Council as part of the Treasury
Management Strategy 2017/18 by the Audit, Governance and Standards
Committee;
5. The Section 106 contributions be reported as part of the Quarterly Budget Monitoring Report.
Contact: Mark Green, Director of Finance, Resources & Business Improvement mark green - Email: markgreen@maidstone.gov.uk, 2297 Email: markgreen@maidstone.gov.uk.
Report author: Mark Green
Publication date: 20/01/2017
Date of decision: 18/01/2017
Decided: 18/01/2017 - Policy and Resources Committee
Effective from: 28/01/2017
Accompanying Documents:
- Medium Term Financial Strategy 2017/18 Onwards - Capital Programme PDF 126 KB View as HTML (1) 117 KB
- Enc. 1 for Medium Term Financial Strategy 2017/18 Onwards - Capital Programme PDF 40 KB View as HTML (2) 10 KB
- Enc. 2 for Medium Term Financial Strategy 2017/18 Onwards - Capital Programme PDF 32 KB View as HTML (3) 10 KB
- Enc. 3 for Medium Term Financial Strategy 2017/18 Onwards - Capital Programme PDF 45 KB View as HTML (4) 10 KB