Chartered Institute of Public Finance and Accountancy

Agenda

Committee PRUDENTIAL CODE STEERING GROUP
Date 11 July 2002
Time 10.30 am
Venue Thistle Hotel, Charing Cross, Strand, London WC2N 5HX

Paper

  1. APOLOGIES

  1. MINUTES AND MATTERS ARISING

    2. To approve the minutes of the meeting held on 10 May 2002.

    To note any matters arising not included elsewhere on the agenda.

 PCSG 17 01/02

  1. ISSUES PAPERS

    2. To consider issues papers on major areas for consideration for revisions to the draft Prudential Code.

    • Need for greater clarity
 PCSG 1 02/03
    • Draft Prudential indicators for three levels of debt
 PCSG 2 02/03
    • Requirement for and location of prudential indicators for treasury management
 PCSG 3 02/03
    • Detailed format of the draft treasury management prudential indicators
 PCSG 4 02/03
    • Capital expenditure unfinanced - terminology
 PCSG 5 02/03
    • Treatment of other long term liabilities and capital expenditure unfinanced
 PCSG 6 02/03
    • Treatment of premiums on the early repayment of debt
 PCSG 7 02/03
    • Considerations of risk and uncertainty
 PCSG 8 02/03
    • Treatment of HRA
 PCSG 9 02/03
    • Treatment of other ring fenced accounts
 PCSG 10 02/03
    • Treatment of local authority companies
 PCSG 11 02/03
    • FRS 17
 PCSG 12 02/03
  1. UPDATE ON THE WIDER PRUDENTIAL FRAMEWORK

    2. To receive an update on the wider prudential framework from:

    • ODPM - Pam Williams
    • National assembly for Wales - Lisa James
    • Scottish Executive - Mary Munro
    • HM Treasury - Frances Houston.
 PCSG 13 02/03
  1. OVERALL FINANCIAL FRAMEWORK

    2. To receive a paper from Martin Easton on the overall financial framework for local authorities.

 PCSG 14 02/03
  1. FUTURE TIMETABLE

    2. To note the Steering Group's previously agreed timetable and make any amendments to it if necessary.

 PCSG 15 02/03
  1. ROAD TESTING THE DRAFT PRUDENTIAL CODE IN 2002

    2. To receive an update report for information on the programme of the road testing for the draft Prudential Code in 2002.

 PCSG 16 02/03
  1. DEPRECIATION

    2. To receive an update on the work that CIPFA is undertaking on the potential role that depreciation could play in the new system.

 PCSG 17 02/03
  1. ANY OTHER BUSINESS

  2. DATES FOR NEXT MEETINGS

      3. 16 October 2002 (all day)
      4 December 2002 (morning)
      5 February 2003 (morning.

    All meetings will commence at 10.30am and will be held at CIPFA, 3 Robert Street, London unless separately notified.