Decision details

Capital, Investment and Treasury Management Strategies Annual Review 2019/20

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

Cabinet considered a review of the Capital, Investment and Treasury Management Strategies for the 2019/20 financial year.

 

The Chairman of the Corporate Overview and Scrutiny Committee, Councillor J Clowes, reported that the Committee had considered the report at its meeting on 3rd September 2020 and had expressed its support.

 

RESOLVED

 

That Cabinet

 

1.    notes the content of the appendices to the report;

 

2.    approves, in accordance with Finance Procedure Rules, fully funded supplementary capital estimates over £500,000 and up to £1m (Appendix 1, Annex B);

 

3.    approves, in accordance with Finance Procedure Rules,  capital virements over £1,000,000 and up to £5,000,000 (Appendix 1, Annex B);

 

4.    recommends to Council to approve:

 

(a)  capital virements above £1,000,000 in accordance with Financial Procedure Rules as detailed in Appendix 1, Annex C; and

 

(b)  supplementary capital estimates above £1,000,000 in accordance with Financial Procedure Rules as detailed in Appendix 1, Annex D.

 

Publication date: 14/09/2020

Date of decision: 08/09/2020

Decided at meeting: 08/09/2020 - Cabinet

Effective from: 22/09/2020

Current call-in Count: 0

Accompanying Documents: