Issue - decisions

Resolved to RECOMMEND: (to Council)

(1)          That the Treasury Management Strategy Statement for 2021/22 be approved, including:

·         Prudential Indicators for 2021/22

·         Minimum Revenue Provision Policy Statement for 2021/22, as set out in paragraph 2.10 and Appendix C to the officer report; 

·         Annual Investment Strategy for 2021/22

(2)          That the Annual Capital Strategy as set out in Appendix G to the officer report, be approved.

Reason for Recommendation:  Topromote 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;

·                     MHCLG Investment and MRP Guidance 2018.

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 did not apply to the decisions above as they were reserved to full Council.]