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Decision details

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:

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.

Decision:

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

Accompanying Documents:

 

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