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Details
Title:
Capital and Treasury Monitoring Quarter 1 (April to June 2017)
Include item on Forward Plan
Yes
Item Contains Exempt/Private Reports
No
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of the Interim Chief Finance Officer.
Implementation Date (not before meeting on)
Wed 13 Sep 2017
Purpose
Regular quarterly capital and treasury management monitoring report for Cabinet
Key Portfolio
OLD - Children, Families and Schools
Chief Officer Decision Maker
------ N/A ------
Decision Outcome
On 13 September 2017, Cabinet:-
(i) Approved the revised multi-year capital programme of
£2,834.091m;
(ii) Approved additional net capital expenditure of £1.322m for the Birmingham Wholesale Market, funded from service prudential borrowing of £1.274m and a contribution from market traders of £0.048m (see Appendix 12 to the report);
(iii) Noted that forecast capital expenditure in 2017/18 is £491.807m.
(iv) Noted that actual capital expenditure as at 30th June 2017 was £40.054m, representing 8.14% of the forecast outturn for 2017/18.
(v) Noted that long-term loans totalling £45m were obtained from Phoenix Life at an average 0.16% below the equivalent PWLB rates.
(vi) Noted that the prudential indicator monitoring is presented at Appendix 11 to the report.
THE DEADLINE FOR CALL IN IS 1600 HOURS ON TUESDAY 19 SEPTEMBER 2017.
Would the recommended decision be contrary to the budget and policy framework:
No
Additional Information
Decision Criteria
This Decision does not contain any decision criteria records.
Wards
This Decision does not contain any Ward records.
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
Corporate Resources and Governance Overview and Scrutiny Committee
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Decision History
| 05/05/2017 11:37:48 | Carole Wood | Business Item Created | |
| 05/05/2017 11:37:48 | Carole Wood | Committee Added | Cabinet |
| 05/05/2017 11:38:00 | Carole Wood | Status Changed | Decision Scheduled [1] |
| 05/05/2017 11:39:43 | Carole Wood | Contacts Edited | |
| 05/05/2017 11:40:50 | Carole Wood | General Details Edited | |
| 05/05/2017 11:40:50 | Carole Wood | OS Committee Added | Corporate Resources and Governance Overview and Scrutiny Committee |
| 18/08/2017 13:58:36 | Janet Hinks | General Details Edited | |
| 18/08/2017 13:58:45 | Janet Hinks | Meeting Added | 13/09/2017 10:00AM |
| 04/09/2017 11:41:33 | Qasim Mahmood | General Details Edited | |
| 05/09/2017 09:20:27 | Carole Wood | Report Added | Document ID 129229: Cabinet Report Qtr 1 Capital 17-18 FINAL LB |
Approval/Comments
No history found.