Issue - meetings
MINIMUM REVENUE POSITION (MRP) STATEMENT
Meeting: 29/05/2008 - Cabinet (Item 10)
10 MINIMUM REVENUE POSITION (MRP) STATEMENT PDF 94 KB
To approve the statutory Minimum Revenue Provision Statement (MRP).
Additional documents:
Minutes:
The Cabinet Member Resources presented the report which sought the approval of the Minimum Revenue Provision Statement for 2008/09 in order to formally comply with the Local Authority (Capital Financing and Accounting) (England) (Amendment) Regulations. Cabinet was advised that whilst the new rules came into effect from the 2007/08 financial year, the Council was, in effect, already following these requirements and demonstrating good practice.
RESOLVED That the Minimum Revenue Provision Statement for 2008/09 be approved.