Issue - meetings

Treasury Management Strategy Statement 2024/25 - 2028/29

This report seeks the recommendation of Executive to Full Council for the approval of the treasury management strategy and prudential indicators for the 2024/25 financial year.

Additional documents:

Annex A, item 83 PDF 131 KB View as HTML (83/2) 15 KB
Annex B Specified and Non-Specified Investment Categories, item 83 PDF 427 KB View as HTML (83/3) 67 KB
Annex C Approved Countries for Investments, item 83 PDF 113 KB View as HTML (83/4) 12 KB
Annex D Treasury Management Scheme of Delegation, item 83 PDF 299 KB View as HTML (83/5) 16 KB

Decision:

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.

Minutes:

The Chief Finance Officer introduced the report and noted that there were no significant updates from the previous year. She also confirmed that the strategy would be considered by Audit and Governance Committee.

Resolved: