Issue - meetings

A report to update Cabinet on the early close down of the Council’s

accounts for 2017/18 and to consider proposals to capitalise an

estimated £8.2m revenue expenditure, within allowable Government

and accounting rules, as part of 2017-18 final accounts process

Contact: Eamonn Croston, Head of Finance and Accountancy Tel:

01484 221000

That approval be given (i) to apply the Council’s flexible capital receipts strategy to eligible revenue expenditure and associated proposals, as detailed within the considered report (ii) to approve the direct revenue funding of capital proposals as set out at Appendix B, in accordance with Financial Procedure Rules 3.10-3.12 and (iii) to approve the replacement of £2.2m revenue funded capital expenditure in 2017-2018 with borrowing and associated proposals.