PART 1
(OPEN TO THE PUBLIC)
ITEM NO.
JOINT REPORT OF THE CHIEF EXECUTIVE, DIRECTOR OF CORPORATE SERVICES
AND DIRECTOR OF DEVELOPMENT SERVICES
TO :
10TH JULY, 2001
11TH JULY, 2001
18TH JULY, 2001
CABINET
BUDGET COMMITTEE
COUNCIL
Subject : 2002/03 CAPITAL INVESTMENT STRATEGY AND ASSET MANAGEMENT
PLAN
RECOMMENDATIONS :
submission to GONW.
Members are requested to approve the above-mentioned document for
EXECUTIVE SUMMARY :
The introduction of the Single Capital Pot in 2002/03 requires local authorities to submit annual
capital investment strategies and asset management plans to the Government.
A dry run was undertaken last year for 2001/02, but annual capital allocations from 2002/03
onwards will become increasingly dependant upon the quality of submissions, with 5% of
allocations in 2002/03 rising eventually to 20% by 2005/06 being determined through this process.
The DTLR has provided guidance in the light of last year's dry run in specifying the format for local
authorities to follow in producing this document and the information they expect to see included.
This document therefore follows that guidance.
The submission document attached has been prepared following consultation with, and
contributions from, all directorates and must be submitted to GONW by 31st July.
BACKGROUND DOCUMENTS : DETR guidance documents (Part 1) 8th February, 2001, (Part 2)
10th May, 2001
CONTACT OFFICERS : John Spink
Richard Wynne
TEL: 793 3230 E-MAIL: john.spink@salford.gov.uk
793 3750
richard.wynne@salford.gov.uk
WARD(S) TO WHICH REPORT RELATES :
KEY COUNCIL POLICIES :
All wards
Budget Strategy