Decision - Capital Resources and Capital Investment Programme 2017/18

RESOLVED TO RECOMMEND – That Council agree:

1)        The Capital Investment Programme for 2017/18 in appendix 1.

2)        To note the estimated capital resources in future years as detailed in appendix 1.

3)        To allocate £0.25m resources in 2017/18 for the Strategic Investment Fund for the purposes set out in paragraph 3.23.

4)        To note the £2.0m allocation for the Digital First Scheme.

5)        To allocate £1.0m for the Asset Management Fund.

6)        The proposed use of council borrowing as set out in paragraph 3.40 and appendix 3.

7)        To note the use of capital receipts to fund investment in change as part of the governments Flexible Use of Capital Receipts strategy set out in paragraphs 3.26 and recommended in the General Fund Revenue Budget and Council Tax 2017/18 report.