Capital Strategy 2019/2020
Decision Maker: Elected Mayor
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To approve the Council’s Revenue Budget and Capital Plan Budget for 2019/2020 including the setting of fees and charges for Council services, the Council’s Corporate Asset Management Strategy and Capital Strategy.
Decision:
That, subject to Section 2.1 of the proposed Capital Strategy being amended so that Business Cases prepared self-funding or invest-to-save capital schemes include all future maintenance costs over the life of the scheme, the Council be recommended to approve the Capital Strategy as set out at Appendix 1 to the submitted report.
Reasons for the decision:
To respond to the recommendation of the Overview and Scrutiny Board on the proposed Capital Strategy.
Alternative options considered:
None
Implementation:
The recommendation of the Elected Mayor will be considered at the adjourned Council meeting on 7 February 2019.
Information:
The Overview and Scrutiny Board considered the proposed Capital Strategy at its meeting held on 30 January 2019. The Board recommended that:
“Section 2.1 of the proposed Capital Strategy be amended so that Business Cases prepared self-funding or invest-to-save capital schemes include all future maintenance costs over the life of the scheme.”
The Elected Mayor considered the recommendation of the Overview and Scrutiny Board and his recommendation to Council is set out above.
Interests and Nature of Interests Declared:
None
Publication date: 05/02/2019
Date of decision: 05/02/2019
Contact Governance Support
- Email: governance.support@torbay.gov.uk
- Tel: 01803 207087
- Fax: 01803 207112
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