Decision details
Treasury Management Strategy Statement including Annual Investment Strategy for 2022/23 and Capital Strategy for 2022/23
Decision Maker: Cabinet, Council
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To approve the report and recommend to Council that the Treasury Management Strategy Statement for 2022/23 be approved including:
• Prudential Indicators for 2022/23;
• Minimum Revenue Provision Policy Statement for 2022/23;
• Annual Investment Strategy for 2022/23.
• Capital Strategy for 2022/23
Decisions:
Resolved to RECOMMEND: to Council
(1) That the Treasury Management Strategy Statement for 2022/23 be approved including:
· Prudential Indicators for the period 2022/23 to 2024/25
· Minimum Revenue Provision Policy Statement for 2022/23, (see para 2.8 and Appendix C to the officer report)
· Annual Investment Strategy for 2022/23
· Annual Capital Strategy (Appendix G to the officer report).
[Call-in does not apply to the decision above as it is reserved to full Council.]
Reasons for Recommendation: To promote effective financial management relating to the Authority’s borrowing and investment powers contained in the Local Government Act 2003, and supporting regulations and guidance detailed below:
- the Local Authorities (Capital Finance and Accounting) Regulations 2003 (as amended)
- CIPFA Prudential Code and Treasury Management Code of Practice 2017
- DLUHC (Previously MHCLG) Investment and MRP Guidance 2018.
Report author: Director of Finance
Publication date: 11/02/2022
Date of decision: 10/02/2022
Decided at meeting: 10/02/2022 - Cabinet
Accompanying Documents: