Decision details

          The Cabinet Member for Finance and the Board Director, Resources submitted a joint report setting out (a) the 2013/14 Capital Programme position as at the end of March 2014, and (b) Treasury Management performance for 2013/14.

            Councillor Russell Holland, Cabinet Member for Finance, referred to the report and explained that it addressed the outturn position of the Council’s Capital Budget for 2013/14, highlighted proposed changes to the current Capital Programme, set out details of Treasury Management performance for 2013/14, and responded to the Council motion on 3^rd April 2014 on Coate Water Country Park and Section 106 Planning Obligation contributions.

          Resolved – (1) That the 2013/14 Capital Programme position, as set out in paragraphs 3.1 to 3.12 of the joint report, be noted.

            (2) That the changes to the Council’s Capital Programme, as set out in paragraphs 4.1to 4.2 of the joint report, be approved.

          (3) That the proposed response to the Council motion of April 3^rd 2014 concerning Coate Water Country Park and Section 106 Planning Obligation contributions, as detailed in paragraphs 4.3 to 4.4 of the joint report, be endorsed and the Council be informed of this response.

          (4) That the 2013/14 Treasury Management performance, as detailed in  paragraphs 4.5 to 4.17 and the Prudential Indicators shown in Appendix 2 to the joint report, be noted.

          (5) That the change to the 2014/15 Prudential Indicator for the Authorised Limit, as detailed in paragraphs 4.19 to 4.20 of the joint report, be approved.

          The reasons for the decision and alternative options are as set out in the report to the meeting.