Treasury Management Strategy Statement and Prudential Indicators
Decision Maker: Executive
Decision status: Decision Made
Is Key decision?: No
Is subject to call in?: Yes
Purpose of Report: To set out the treasury management strategy, including the annual investment strategy and the minimum revenue provision policy statement and prudential indicators.
Members will be asked to recommend the strategy to Full Council.
Recommended: That Council approve:
a) The proposed treasury management strategy for 2020/21, including the annual investment strategy and the minimum revenue provision policy statement;
b) The proposed addition of ethical, social and governance as a fourth criterion for investments after security, liquidity and yield, as set out in paragraphs 78-82 of the report;
c) The prudential indicators for 2020/21 to 2024/25 in the body of the report;
d) The specified and non-specified investments schedule at Annex B;
e) The scheme of delegation and the role of the section 151 officer in Annex D.
Reason: To enable the continued effective operation of the treasury management function and to ensure that all council borrowing is prudent, affordable and sustainable.
Report author: Debbie Mitchell
Publication date: 14/02/2020
Date of decision: 13/02/2020
Decided at meeting: 13/02/2020 - Executive
Effective from: 18/02/2020