Decision details

TREASURY MANAGEMENT STRATEGY STATEMENT INCLUDING PRUDENTIAL INDICATORS, MINIMUM REVENUE PROVISION POLICY STATEMENT AND ANNUAL INVESTMENT STRATEGY FOR 2016-17

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To recommend to Council that they approve the Treasury Management Strategy Statement for 2016/17 including:

  • The Prudential Indicators for 2016/17;
  • Minimum Revenue Provision Policy Statement for 2016/17;
  • Annual Investment Strategy for 2016/17;
  • That the upper limit for borrowing of 10 years and over be increased from 90% to 100%.

Decisions:

RESOLVED:  That the Treasury Management Strategy Statement for 2016/17 be approved, including the:

 

•           Prudential Indicators for 2016/17;

•           Minimum Revenue Provision Policy Statement for 2016/17;

•           Annual Investment Strategy for 2016/17;

•           maximum total investment in the Investment Property Strategy which be set at £20m;

•           limit of investments for over 364 days which be increased to £60m.

 

Publication date: 02/07/2016

Date of decision: 25/02/2016

Decided at meeting: 25/02/2016 - Council

Accompanying Documents: