Archived decisions

Summary of Prudential Indicators

2005/06

2006/07

2007/08

2008/09

2009/10

Actual

Estimate

Estimate

Estimate

Estimate

Prudential indicators for capital expenditure

Capital expenditure

£m

184.8

192.7

187.5

175.0

144.9

Capital financing requirement

£m

540.3

580.7

589.3

622.9

605.0

Prudential indicators for affordability

Ratio of financing costs to net revenue stream

%

3.06

6.67

6.74

6.63

6.78

Incremental impact of capital programme on council tax

£

n/a

n/a

7.21

12.88

6.08

Prudential indicators for prudence

Medium-term borrowing not to exceed capital financing requirement

County Treasurer will ensure this is not breached

Prudential indicators for external debt

Actual external debt

£m

405.8

n/a

n/a

n/a

n/a

Authorised limits

£m

n/a

580.0

590.0

630.0

610.0

Operational boundaries

£m

n/a

490.0

480.0

520.0

500.0

External debt limits adjusted for transferred services

Actual external debt

£m

n/a

n/a

n/a

n/a

n/a

Authorised limits

£m

n/a

533.2

545.3

587.3

569.2

Operational boundaries

£m

n/a

443.2

435.3

477.3

459.2

Prudential indicators for Treasury Management

Adoption of CIPFA Code of Practice

Agreed by the Cabinet in February 2003

Upper limits - fixed rates

£m

n/a

260.0

290.0

320.0

350.0

Upper limits - variable rates

£m

n/a

350.0

350.0

400.0

390.0

Maturity structure of fixed-rate debt

Upper limits

Under 12 months

%

n/a

8

n/a

n/a

n/a

12 to 24 months

%

n/a

17

n/a

n/a

n/a

24 months to 5 years

%

n/a

20

n/a

n/a

n/a

5 years to 10 years

%

n/a

28

n/a

n/a

n/a

10 years and beyond

%

n/a

79

n/a

n/a

n/a

Lower limits

Under 12 months

%

n/a

0

n/a

n/a

n/a

12 to 24 months

%

n/a

1

n/a

n/a

n/a

24 months to 5 years

%

n/a

4

n/a

n/a

n/a

5 years to 10 years

%

n/a

12

n/a

n/a

n/a

10 years and beyond

%

n/a

63

n/a

n/a

n/a

Total sums invested for more than 364 days

£m

n/a

Nil

Nil

Nil

Nil