Issue - meetings

To consider and approve a revised Capital Strategy covering the period 2016/17 to 2019/20.

That the updated Strategy covering the period 2016/17 to 2019/20 was approved.

There was submitted a detailed report by the Portfolio Holder for Finance, Revenues & Benefits (A.4) which sought Cabinet’s approval for a revised Capital Strategy covering the period 2016/17 to 2019/20.

Cabinet was reminded that it had approved the current Capital Strategy in September 2011. Officers had felt that it was therefore timely to update the Strategy to not only take account of changes to the Council’s financial environment but also to include more practical guidance on what was expected to be included in individual capital investment decisions in order to promote consistency and to reflect the most up-to-date financial governance requirements.

Having discussed the proposed revised Strategy:-

It was moved by Councillor Howard, seconded by Councillor G V Guglielmi and:-

RESOLVED That the updated Strategy covering the period 2016/17 to 2019/20 was approved.