Archived decisions
Appendix 7
PRUDENTIAL INDICATORS SUMMARY | |||||||||||
Indicator |
Basis |
Period |
Unit |
2005/06 |
2006/07 |
2007/08 |
2008/09 |
2009/10 |
2010/11 | ||
Affordability |
|
|
|
|
|
|
|
|
| ||
1 |
Estimates of ratio of financing costs to net revenue stream |
Estimate |
Years 1, 2 and 3 |
% |
|
0.66% |
1.19% |
1.81% |
2.22% |
| |
2 |
Actual ratio of financing costs to net revenue stream |
Actual |
Year end |
% |
0.43% |
|
|
|
|
| |
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 |
£1.46 |
£2.33 |
£0.92 | |
Capital Expenditure |
|
|
|
|
|
|
|
|
| ||
4 |
Estimates of capital expenditure |
Estimate |
Years 1, 2 and 3 (and longer as necessary) |
£000 |
|
6,845 |
7,890 |
7,071 |
3,331 |
585 | |
5 |
Actual capital expenditure |
Actual |
Year end |
£000 |
2,814 |
|
|
|
|
| |
6 |
Estimates of capital financing requirement (CFR) |
Estimate |
Years 1, 2 and 3 |
£000 |
|
9,236 |
14,037 |
17,613 |
19,464 |
| |
7 |
Actual CFR |
Actual |
Year end |
£000 |
5,879 |
|
|
|
|
| |
External Debt |
|
|
|
|
|
|
|
|
| ||
8 |
Authorised limit (for total external debt) |
Estimate |
Years 1, 2 and 3 |
£m |
|
|
19.2 |
23.8 |
26.3 |
| |
9 |
Operational boundary (for total external debt) |
Estimate |
Years 1, 2 and 3 |
£m |
|
|
12.4 |
16.8 |
19.1 |
| |
10 |
Actual borrowing |
Actual |
Year end |
£000 |
5,100 |
|
|
|
|
| |
11 |
Actual other long term liabilities |
Actual |
Year end |
£000 |
225 |
|
|
|
|
| |
12 |
Actual external debt |
Actual |
Year end |
£000 |
5,325 |
|
|
|
|
| |
Prudence |
|
|
|
|
|
|
|
|
| ||
13 |
Net borrowing will not exceed CFR over medium termEstimateThree year periodn/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 |
|
8.7 |
13.7 |
15.7 |
16.6 |
| |
16 |
Variable interest rate exposure - upper limit |
Estimate |
Years 1, 2 and 3 |
£m |
|
7.2 |
5.5 |
8.1 |
9.7 |
| |
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 fixed rate borrowing |
|
2007/08 |
2008/09 |
2009/10 |
|||||||
Period |
|
|
upper limit |
lower limit |
upper limit | ||||||
17a |
Under 12 months |
|
|
0% |
0% |
0% |
0% |
0% |
0% |
||
17b |
12 months and within 24 months |
|
37% |
0% |
22% |
0% |
12% |
0% |
|||
17c |
24 months and within 5 years |
|
37% |
0% |
22% |
0% |
12% |
0% |
|||
17d |
5 years and within 10 years |
|
37% |
0% |
22% |
0% |
12% |
0% |
|||
17e |
10 years and above |
|
|
0% |
63% |
0% |
78% |
0% |
88% | ||
