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The Executive Councillor is asked to recommend this report to Council, which includes the Council’s estimated Prudential and Treasury Indicators 2018/19 to 2021/22.
Decision type: Key
Reason Key: Executive Proposals;
Decision status: Recommendations Approved
Notice of proposed decision first published: 29/08/2018
Decision due: 8 Oct 2018 by Executive Councillor for Transformation
Lead member: Executive Councillor for Transformation
Department: Finance
Contact: Steve Bevis, Accountant (VAT & Treasury) Email: stephen.bevis@cambridge.gov.uk.
Additional Information: This is a key item and will automatically appear on the agenda.
Background Information: The Council is required to comply with the CIPFA Prudential Code (December 2017 edition) and the CIPFA Treasury Management Code of Practice (Revised December 2017). The Council is required to set prudential and treasury indicators, including an Authorised Limit for borrowing, for a three year period and should ensure that its capital plans are affordable, prudent and sustainable.