Decision details

Annual Treasury Management Strategy Statement including Prudential Indicators, Minimum Revenue Provision Policy Statement and Annual Investment Strategy for 2020/21 and Capital Strategy for 2020/21

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Cabinet to be asked to recommend to Council that they approve the Treasury Management Strategy Statement for 2020/21 including:

           Prudential Indicators for 2020/21;

           Minimum Revenue Provision Policy Statement for 2020/21;

           Annual Investment Strategy for 2020/21.

           Capital Strategy for 2020/21

Decisions:

Resolved to RECOMMEND:  (to Council)

 

That

 

(1)          the Treasury Management Strategy Statement for 2020/21 be approved including:

 

·           Prudential Indicators for 2020/21

·           Minimum Revenue Provision Policy Statement for 2020/21

·           Annual Investment Strategy for 2020/21

 

(2)          the draft Capital Strategy 2020/21, set out in Appendix H to the report, be approved.

 

Reason for Recommendation:  To promote effective financial management and comply with the Local Authorities (Capital Finance and Accounting) Regulations 2003 and other relevant guidance.

 

Alternative Options Considered and Rejected:  As set out in the report.

 

Conflict of Interest relating to the matter declared by Cabinet Member/Dispensation Granted:  None.

 

[Call-in does not apply as the decision is reserved to full Council.]

 

Report author: Dawn Calvert

Publication date: 14/02/2020

Date of decision: 13/02/2020

Decided at meeting: 13/02/2020 - Cabinet

Accompanying Documents: