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.