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Capital Strategy

The Executive Councillor will recommend the Strategy to Council. (Item to be considered by Council in February 2019.)

Decision type: Key

Reason Key: Executive Proposals: Development of new plan or strategy;

Decision status: Recommendations Approved

Notice of proposed decision first published: 10/12/2018

Decision due: 11 Feb 2019 by Executive Councillor for Finance and Resources

Lead member: Executive Councillor for Finance and Resources

Department: Finance

Contact: Caroline Ryba, Head of Finance Email: caroline.ryba@cambridge.gov.uk.

Additional Information: This is a key item and will automatically appear on the agenda.

Background Information: The CIPFA Prudential Code for Local Authorities (revised in December 2017) requires all local authorities to produce a Capital Strategy. The strategy should set out the long-term context in which both capital expenditure and investment decisions are made. CIPFA has now published guidance on what should be included to allow authorities to fully develop their strategies alongside the 2019/20 budget process.

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