Issue - meetings

Capital Strategy 2025 - 2026

 

 

Meeting: 03/02/2025 - Cabinet (Item 11)

11 Capital Strategy 2025 - 2026 pdf icon PDF 199 KB

Capital Strategy 2025-26

Executive Summary

This report sets out the Council’s Capital Strategy for the year 2025-26. It sets out the Council’s approach to the deployment of capital resources in meeting the Council’s overall aims and objectives while providing the strategic framework for the effective management and monitoring of the capital programme.

Options considered

 

This report must be prepared to ensure the Council complies with the CIPFA Treasury Management and Prudential Codes.

Consultation(s)

Section 151 Officer

Recommendations

 

To recommend to Full Council that the Capital Strategy 2025/26 is approved.

 

Reasons for recommendations

 

The Council is required to approve a Capital Strategy to demonstrate compliance with the Codes and establishes the strategic framework for the management of the capital programme.

 

Background papers

 

CIPFA Prudential Code (Treasury Management in the Public Services: Code of Practice 2021 Edition).

CIPFA Prudential Code (Capital Finance in Local Authorities: Code of Practice 2021 Edition).

 

Wards affected

All

Cabinet member(s)

Cllr. Lucy Shires

Contact Officer

Daniel King

Assistant Director Finance & Assets

Daniel.king@north-norfolk.gov.uk

 

Decision:

Decision

RESOLVED

 

To recommend to Full Council that the Capital Strategy 2025/2026 is approved.

 

Reason for the decision:

The Council is required to approve a Capital Strategy to demonstrate compliance with the Codes and establishes the strategic framework for the management of the capital programme.

 

Minutes:

Decision

RESOLVEDThe Portfolio Holder for Finance, Cllr L Shires, introduced this item. She said that this strategy had been considered by the Overview & Scrutiny Committee and she thanked them for their input. The Chairman said that it was a very thorough document and he commended officers for their hard work.

It was proposed by Cllr L Shires, seconded by Cllr T Adams and

 

 

To recommend to Full Council that the Capital Strategy 2025/2026 is approved.

 

Reason for the decision:

The Council is required to approve a Capital Strategy to demonstrate compliance with the Codes and establishes the strategic framework for the management of the capital programme.