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RESOLVED:
 

(1)  
That Cabinet noted expenditure of
£6.923million in 2022/23 on the capital programme, paragraph
8.3 refers.
 

(2)  
That Cabinet approved the adjustments to the capital
programme for 2023/24 as a result of the revised timetable of
schemes detailed in table 2, increasing the estimated spend in by
£1.222million.
 

(3)  
That Cabinet noted the position of the availability
of capital resources, as detailed in table 4 paragraph 8.7 and the
requirement to keep the capital programme under review for
affordability.
 

(4)  
That Cabinet approved the application of
£6.300million of capital receipts/set aside towards the
2022/23 capital programme, paragraph 8.7 refers.
 

(5)  
Cabinet noted the position of Treasury Management
activity as at the end of March 2023.
 

RECOMMENDED TO COUNCIL:
 

(6)  
Cabinet was asked to recommend this report to
Council and ask Council to:

o  
Approve the actual 2022/23 prudential and treasury
indicators.

o  
Note the annual Treasury Report for
2022/23.
 

REASONS FOR DECISIONS:

 

(1)  
Cabinet is required to approve adjustments to the
capital programme and ensure the capital programme is fully
funded.
 

(2)  
To ensure the Council’s continued compliance
with CIPFA’s code of practice on Treasury Management and the
Local Government Act 2003 and that the Council manages its exposure
to interest and capital risk.