Archived decisions

Summary of Indicators

2006/07

2007/08

2007/08

2008/09

2009/10

2010/11

Actual

Estimate

Actual

Estimate

Estimate

Estimate

A Prudential indicators

Prudential indicators for capital expenditure

Capital expenditure

£m

173.2

189.0

177.1

197.3

172.5

159.9

Capital financing requirement

£m

574.2

587.5

586.3

615.9

622.0

640.7

Prudential indicators for affordability

Ratio of financing costs to net revenue stream

%

5.98

6.32

5.35

6.74

6.92

6.49

Prudential indicators for external debt

Actual external debt

£m

393.5

n/a

408.1

n/a

n/a

n/a

B Financial Health indicators

Variance from budget

Net service spending

%

-0.3

-0.2

-0.3

+/-1

+/-1

+/-1

Overall spending met from formula grant,

%

-1.1

-0.8

-1.4

+/-2

+/-2

+/-2

council tax and balances

Balances as a % of budget requirement

%

2.9

2.4

3.9

2.3

2.3

2.3

Capital programme management

Carry forward of schemes

%

26.7

20.0

29.0

20.0

20.0

20.0

Actual capital expenditure compared with estimate

%

-9.9

+/-10.0

-6.3

+/-10.0

+/-10.0

+/-10.0

Actual capital receipts and third party

contributions compared with estimate

%

-12.7

+/-10.0

-0.2

+/-10.0

+/-10.0

+/-10.0

Other prudential indicators

Maximum level of external debt:

£m

£m

485.0

590.0

455.0

620.0

620.0

630.0

As % of authorised limit

%

83.6

100.0

77.1

100.0

100.0

100.0

Upper limit on:

Fixed rate borrowing

£m

246.0

290.0

256.0

300.0

330.0

360.0

Variable rate borrowing

£m

239.0

350.0

202.0

370.0

380.0

390.0

Income collection

Outstanding debt more than 12 months old

%

17.1

17.5

16.1

17.5

17.5

17.5

Outstanding debt more than 6 months old

%

n/a

20.0

24.7

20.0

20.0

20.0

00

Outstanding debt under 60 days old

%

n/a

60.0

63.2

60.0

60.0

60.0

Debt written off compared with debt raised

%

0.2

<1.0

0.2

<1.0

<1.0

<1.0