Decision details

Capital Programme Approvals, Treasury Management and Capital Strategy for 2024-25

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


To agree the above strategies as part of the Budget setting process




That Cabinet recommends to Council that it:


1) Approves the new Capital Starts Programme set out in Appendix two of the report and approves the procurement and award of contracts which support the delivery of the Capital Programme. All contract awards will then be subject to approval by Executive Directors (via an Executive Director Report) under the relevant Departmental Scheme of Delegation;


2) Approves the detailed Planned Asset Maintenance Programme for 2024-25 as set out in Appendix three of the report;


3) Adopts the Treasury Management Strategy for 2024-25 set out in Appendix four of the report;


4) Adopts the Investment Strategy for 2024-25 set out in Appendix five of the report;


5) Adopts the Capital Strategy for 2024-25 set out in Appendix six of the report;


6) Adopts the Minimum Revenue Provision Statement for 2024-25 set out in Appendix seven of the report; and


7) Adopts the application of financing up to 4% of disposal costs associated with land from capital receipts as set out in paragraph 4.7 of the report.


Report author: Eleanor Scriven

Publication date: 01/02/2024

Date of decision: 01/02/2024

Decided at meeting: 01/02/2024 - Cabinet

Effective from: 09/02/2024

Accompanying Documents: