Issue - decisions

Capital Strategy 2019/20

14/05/2019 - Capital Strategy 2019/20.

Councillor John Belsey moved the item as Chairman of the Audit Committee noting that this is the first year the Council has produced a Capital Strategy. He highlighted that the Corporate Plan has in the past included a Strategy designed to guide such investment but this good practice has now been formalised through a revision to the CIPFA Prudential Code. The Capital Strategy therefore fulfils the requirements of this Code. 

 

Councillor Llewellyn-Burke seconded the item and thanked Members of the Audit Committee for its scrutiny.

 

The Chairman took Members to the recommendation contained in the report, which was agreed unanimously.

 

RESOLVED

 

Council approved the Capital Strategy 2019/20.