123 CAPITAL STRATEGY
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Decision:
RECOMMENDED:
Recommendation 1) that Cabinet approved the Capital Strategy 2026/2027 as attached to this report for onward approval by Full Council.
REASON FOR DECISION: Not to approve these policies would contravene the requirements of both legislation and good practice. In addition, the external auditors may comment in their report to those charged with governance (ISA260).
Minutes:
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Councillor Morley presented the report as included in the Agenda, highlighting how the Council invested to meet the Corporate Business Plan. Councillor Morley explained that the Asset Management Plan linked to the Corporate Strategy.
Councillor Beales referred to the Housing Companies and the importance of the provision to reduce homelessness and rough sleeping.
Councillor Ring referred to the Asset Management Plan and the work that was being carried out to identify and assess assets and determine the value of the portfolio.
RECOMMENDED:
Recommendation 1) that Cabinet approved the Capital Strategy 2026/2027 as attached to this report for onward approval by Full Council.
REASON FOR DECISION: Not to approve these policies would contravene the requirements of both legislation and good practice. In addition, the external auditors may comment in their report to those charged with governance (ISA260).