CAPITAL STRATEGY, ASSET INVESTMENT STRATEGY, CAPITAL PROGRAMME AND PRUDENTIAL & LOCAL INDICATORS 2024/27
February 21, 2024 Executive (Other) Awaiting outcome View on council websiteFull council record
Decision
That Executive approves the: -
- Capital Programme as detailed in Section 2 and Appendix 1
- Schemes to be undertaken from the “block” budget allocations reported in
paragraph 14 and detailed in the updated Appendix 2.
That Executive recommends the Council to approve:-
- The Capital Strategy including Prudential and Local Indicators in Section 1.
- The overall Capital Programme in the sum of £413.15m for the period
2024/27 comprising £154.56m in respect of the General Capital Programme
(as detailed in Section 2) and an Asset Investment Strategy gross expenditure
budget of £258.59m for the period 2024/27 and continues to work within the
previously approved budget envelope of £500m.
- The continuation of the existing Asset Investment Strategy included in
Appendix 3
- The flexible use of capital receipts as detailed in Capital Strategy (Section 2
paragraph 9)
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 21 Feb 2024 |
| Effective from | 1 Mar 2024 |
| Subject to call-in | Yes |