Decision details

THE PRUDENTIAL CODE AND ITS IMPACT ON CAPITAL STRATEGY

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To approve the Capital Strategy resulting from the new Prudential Code for Capital Finance for the Council with effect from 2004/05 onwards.

Decision:

THAT the strategy set out in response to the Prudential Code requirements be approved.

Reasons for the decision:

The Cabinet are required to approve the framework as set out for the Prudential Code for Borrowing.

Alternative options considered:

Not applicable

Publication date: 14/11/2003

Date of decision: 20/11/2003

Decided at meeting: 20/11/2003 - Cabinet

Accompanying Documents: