Issue - meetings

The report of the Interim Section 151 Officer sought approval of an annual Capital Strategy (Appendix 1 to the report) and Annual Investment Strategy (Appendix 2 to the report) before the start of the financial year to which they relate.  The Minimum Revenue Provision was attached as Appendix 3 to the report.

In response to a question the Interim Section 151 Officer provided further information regarding the proposed provision relating to business rates and planning appeal liabilities.  The Interim Section 151 Officer advised that it was prudent of the Council to hold these monies separate to general reserves.

At this point, the Chairman responded to a point of order raised by Councillor N Skeens regarding the Chairman seeking Members’ comments prior to the debate.

RESOLVED

(i)              That the Capital Strategy for 2020 / 21 (attached as Appendix 1 to the report) be approved; and

(ii)            That the Investment Strategy for 2020 / 21 (attached as Appendix 2 to the report) be approved; and

(iii)          That the Minimum Revenue Provision Statement for 2020 / 21 (attached as Appendix 3 to the report) be approved.