Archived decisions

HAMPSHIRE COUNTY COUNCIL

Executive Decision Record

Decision Maker:

Cabinet

Date of Decision:

28 September 2009

Decision Title:

Capital Strategy 2009

Decision Reference:

894

Report From:

County Treasurer, Director of Property, Business and Regulatory Services

Contact name:

Jon Pittam

Tel:

01962 748400

Email:

[email protected]

Contact name:

Karen Murray

   

Tel:

01962 847876

Email:

[email protected]

1. The decision:

a) That the updated Capital Strategy 2009 set out at appendix 1 be approved

2. Reason(s) for the decision:

2.1. The purpose of this paper is to provide an updated version of the County Council's Capital Strategy for 2009.

2.2. The County Council has prepared and published a Capital Strategy each year since the Government made it a requirement in 2001. That requirement was removed in 2004 but an up-to-date Capital Strategy remains an important part of the Council's sound asset management.

2.3. The Capital Strategy will continue to be a key consideration under the Comprehensive Area Assessment by the Audit Commission. It is also one of the key documents that underpins the Council's Medium Term Financial Strategy for 2009/10 to 2011/12. The Medium Term Financial Strategy requires that the Capital Strategy is reviewed annually.

3. Other options considered and rejected:

3.1. None

4. Conflicts of interest:

4.1. Conflicts of interest declared by the decision-maker: None

4.2. Conflicts of interest declared by other Executive Members consulted: None

5. Dispensation granted by the Standards Committee: none.

6. Reason(s) for the matter being dealt with if urgent: not applicable.

7. Statement from the Decision Maker:

Approved by:

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Date:

28 September 2009

Chairman of the Cabinet

Councillor T K Thornber CBE