Decision details

B Recommendation of Prudential Indicators 2010 – 2013 to Council for approval

1.      Cabinet is to recommend to Council that they approve the prudential indicators required under the CIPFA Prudential Code for Capital Finance in Local Authorities (Fully revised second edition 2009) as set out at paragraph 3.2.3 of the Cabinet report.

2.      Cabinet is to recommend to Council that they approve the delegation of authority to the Section 151 Officer to make adjustments between the “borrowing” and “other long term liabilities” categories within the overall total of the indicators for the operational boundary and the authorised limit for external debt set out at paragraphs 3.2.3 (g) and (h) in the Cabinet report.