Decision details

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:

                      i.         That Council, in accordance with the Local Government Act 2003 (revised), approve:

a)   The proposed Treasury Management Strategy for 2024/25 including the Annual Investment Strategy and the Minimum Revenue Provision policy statement;

b)   The prudential indicators for 2024/25 to 2028/29 in the main body of the report;

c)   The specified and non-specified investments schedule (Annex B);

d)   The scheme of delegation and the role of the Section 151 officer (Annex D).

Reason:     To ensure the continued effective operation and performance of the Council’s Treasury Management function and ensure that all Council treasury activity is prudent, affordable and sustainable and complies with policies set.