Decision details

Capital Bidding Process 2017/18

Decision Maker: Cabinet

Decision status: Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Council’s Medium Term Financial Strategy sets aside £0.9m of revenue per year, which allows the Council to borrow up to £10m per annum until 2020/21.  For 2017/18, the MTFS sets aside an additional £0.5m of revenue borrowing costs to fund the implementation costs of the Transformation Programme. 

The Cabinet will be asked to approve the bids to the Capital Programme for 2017/18 to 2020/21 that will require Council funding and investment.

Decision:

The Cabinet resolved to approve the new Capital schemes for 2017/18 as detailed in section 3 and Appendix A to the report.

Report author: Kathy Freeman

Publication date: 26/04/2017

Date of decision: 25/04/2017

Decided at meeting: 25/04/2017 - Cabinet

Effective from: 05/05/2017

Accompanying Documents: