Issue - meetings

Treasury Management Strategy Statement 2023/24 - 2027/28

The Chief Finance Officer to present a report which asks Executive to recommend to Council the treasury management strategy and prudential indicators for the 2023/24 financial year.

Additional documents:

Decision:

Recommended: That Council approve:

a) The proposed treasury management strategy for 2023/24, including the annual investment strategy and the minimum revenue provision policy statement;

b) The prudential indicators for 2023/24 to 2027/28 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, 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.

Minutes:

The Chief Finance Officer presented a report which asked Executive to recommend to Council the treasury management strategy and prudential indicators for the 2023/24 financial year.

The report covered the council’s capital plans (including prudential indicators), the minimum revenue provision policy, the treasury management strategy and the annual investment strategy.

Officers confirmed that there were no significant changes to note. The report had been considered by Audit & Governance Committee at their meeting on 18 January and no concerns had been raised.