CAPITAL STRATEGY, ASSET INVESTMENT STRATEGY, CAPITAL PROGRAMME AND PRUDENTIAL & LOCAL INDICATORS 2024/27

February 21, 2024 Executive (Other) Awaiting outcome View on council website
Full council record

Decision

That Executive approves the: -

  1. Capital Programme as detailed in Section 2 and Appendix 1
  2. 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:-

  1. The Capital Strategy including Prudential and Local Indicators in Section 1.
  2. 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.

  1. The continuation of the existing Asset Investment Strategy included in

            Appendix 3

  1. The flexible use of capital receipts as detailed in Capital Strategy (Section 2

            paragraph 9)

Supporting Documents

Capital Strategy Prog Budget Report 2024-27.pdf
Trafford Investment Strategy - January 2023.pdf
Capital Strategy Prog Budget Report 2024-27 Updated Appendix 2.pdf

Details

OutcomeFor Determination
Decision date21 Feb 2024
Effective from1 Mar 2024
Subject to call-inYes