Issue - meetings

Treasury Management Strategy Statement and Prudential Indicators

Meeting: 14/02/2019 - Executive (Item 116)

116 Treasury Management Strategy Statement and Prudential Indicators for 2019/20 to 2023/24 PDF 593 KB

The Director of Customer & Corporate Services to present a report which asks Executive to recommend to Council the treasury management strategy and prudential indicators for the 2019/20 financial year.

Decision:

Recommended:That Council approve:

a) The proposed treasury management strategy for 2019/20, including the annual investment strategy and the minimum revenue provision policy statement;

b) The prudential indicators for 2019/20 to 2023/24 in the main body of the report;

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

d) The scheme of delegation and the role of the Section 151 Officer at Annex D.

Reason: To enable the continued effective operation of the treasury management function and ensue that all council borrowing is prudent, affordable and sustainable.

Minutes:

The Director of Customer & Corporate Services presented a report which asked Executive to recommend to Council the treasury management strategy and prudential indicators for the 2019/10 financial year.

This regular annual report covered the council’s capital plans (including prudential indicators), minimum revenue provision policy, treasury management strategy and annual investment strategy. The revised reporting required for the 2019/20 reporting cycle was outlined in paragraph 8; this included the introduction of a capital financing and investment strategy report, as considered at Agenda Item 12 (Minute 114 refers).