Archived decisions

PRUDENTIAL INDICATORS SUMMARY

Indicator

Basis

Period

Unit

2003/04

2004/05

2005/06

2006/07

2007/08

2008/09

Appendix 5

Affordability

1

Estimates of ratio of financing costs to net revenue stream

Estimate

Years 1, 2 and 3

%

0.40%

0.65%

1.08%

1.62%

2

Actual ratio of financing costs to net revenue stream

Actual

Year end

%

0.50%

3

Incremental impact of capital investment decisions on Council Tax

Estimate

Years 1, 2 and 3 (and longer as necessary)

£ per Band D Equivalent

£1.26

£1.57

£2.31

£1.36

Capital Expenditure

4

Estimates of capital expenditure

Estimate

Years 1, 2 and 3 (and longer as necessary)

£000

2,020

3,077

5,651

2,733

522

5

Actual capital expenditure

Actual

Year end

£000

1,210

6

Estimates of capital financing requirement (CFR)

Estimate

Years 1, 2 and 3

£000

6,609

11,695

13,765

14,828

7

Actual CFR

Actual

Year end

£000

4,233

External Debt

8

Authorised limit (for total external debt)

Estimate

Years 1, 2 and 3

£m

15.7

20.5

22.2

9

Operational boundary (for total external debt)

Estimate

Years 1, 2 and 3

£m

10.4

15.2

17.0

10

Actual borrowing

Actual

Year end

£000

3,250

11

Actual other long term liabilities

Actual

Year end

£000

1,482

12

Actual external debt

Actual

Year end

£000

4,732

Prudence

13

Net borrowing will not exceed CFR over medium term

Estimate

Three year period

n/a

Treasury Management

14

Adoption of the CIPFA Code of Practice for Treasury Management in the Public Services

All years

n/a

15

Fixed interest rate exposure - upper limit

Estimate

Years 1, 2 and 3

£m

4.8

7.0

11.8

13.5

16

Variable interest rate exposure - upper limit

Estimate

Years 1, 2 and 3

£m

8.7

8.7

8.7

8.7

17

Maturity structure of borrowing (upper and lower limits)

Estimate

All years

%

see below

see below

see below

18

Total principal sums invested for periods longer than 364 days

Estimate

All years

£m

nil

nil

nil

nil

nil

nil

Maturity structure of borrowing

2005/06

2006/07

2007/08

Period

upper limit

lower limit

upper limit

lower limit

upper limit

lower limit

17a

Under 12 months

0%

0%

0%

0%

0%

0%

17b

12 months and within 24 months

32%

0%

41%

0%

13%

0%

17c

24 months and within 5 years

32%

0%

41%

0%

13%

0%

17d

5 years and within 10 years

32%

0%

41%

0%

13%

0%

17e

10 years and above

100%

68%

100%

59%

100%

87%