Decision details

To recommend the approval of the Treasury Management Strategy (Investment Strategy, Borrowing Strategy) which sets a framework for the Council's investment and borrowing activity for 2023/24 to Council.

Cabinet:

1)    RECOMMENDED to Council the prudential indicators and limits are adopted and approved as outlined in Appendix A, section 2.

2)    RECOMMENDED to Council the Treasury Management Strategy as outlined in Appendix A be approved.

3)    RECOMMENDED to Council the Minimum Revenue Provision (MRP) Statement which sets out the Council’s Policy on MRP be approved as outlined in para 5.4.

4)    NOTED the linkages to the Capital Strategy due to the integral nature of how the Council managed its treasury finances to support capital development.