Prudential Indicators In order to asses the ability to afford – Council’s borrowing when making capital financing decisions and to ensure that prudent levels are set. These indicators show the projected and actual position together with limits which can only be exceeded with approval and in exceptional circumstances Supported Borrowing Borrowing for which the Government will provide – support through the Revenue Support Grant to meet the cost of borrowing for capital projects Unsupported Borrowing Borrowing for which the Government will not – provide support through the Revenue Support Grant to meet the cost of borrowing for capital projects
Prudential Indicators – In order to asses the Council’s ability to afford borrowing when making capital financing decisions and to ensure that prudent levels are set. These indicators show the projected and actual position together with limits which can only be exceeded with approval and in exceptional circumstances Supported Borrowing – Borrowing for which the Government will provide support through the Revenue Support Grant to meet the cost of borrowing for capital projects Unsupported Borrowing – Borrowing for which the Government will not provide support through the Revenue Support Grant to meet the cost of borrowing for capital projects