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The Executive Councillor will recommend the strategy to Council. (Item to be considered by Council on 15 February 2024).
Decision type: Key
Reason Key: Expenditure > £300,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 04/12/2023
Decision due: 15 Jan 2024 by Executive Councillor for Finance and Resources
Lead member: Executive Councillor for Finance and Resources
Department: Corporate Hub
Contact: Caroline Ryba, Chief Financial Officer 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 requires all local authorities to produce a capital strategy. The strategy sets out the long-term context in which both capital expenditure and investment decisions are made. The capital strategy is required to be presented for consideration alongside the Council's budget.