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Issue - meetings

Capital Strategy

Meeting: 04/02/2020 - Cabinet (Item 22)

22 Capital Strategy

*                       Report by Chief Executive Officers Alistair Cunningham and Terence Herbert

 

Supporting documents:

Minutes:

Cllr Simon Jacobs, Cabinet Member for Finance and Procurement presented the report on the Capital Strategy for 2020/2021; the Capital Programme for 2020/2021 with future years projected to 2029/2030.

 

Cllr Jacobs in presenting the report explained that the purpose of the Capital Strategy is to set out the priorities and framework within which Wiltshire Council determines its resourcing priorities for capital investment, decides the level of borrowing, the affordability of the borrowing and sets the level of the risk appetite. He referred to the proposed Capital Programme which totalled £898.330m over the ten year period, and in particular those capital schemes already approved and pipeline scheme requiring approval. 

 

 

Resolved:    To recommend that Council

 

1.    Adopts the Capital Strategy 2020/2021

 

2.    Approves the Capital Programme 2020/2021-2029/2030

 

3.    Adopts the non-financial investment indicators (paragraph 84 of the report )

 

Reason for Decision:

 

To enable the Council to agree a Capital Strategy for 2020/2021, approve the Capital Programme 2020/2021-2029/2030 and set non-financial investment indicators that comply with statutory guidance and reflect best practice.

 

 


 

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