Decision details

PRUDENTIAL INDICATORS & TREASURY MANAGEMENT STRATEGY 2020/21

Decision Maker: Cabinet, Council

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

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 2020/21 to Council.

Decision:

(1)  Cabinet RECOMMENDED to Council the prudential indicators and limits be adopted and approved;

 

(2)  Cabinet RECOMMENDED to Council the Treasury Management Strategy and treasury management prudential indicators be adopted and approved;

 

(3)  Cabinet RECOMMENDED to Council the Minimum Revenue Provision (MRP) Statement, which set out the Council’s policy on MRP be approved;

 

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

Report author: Dawn Garton

Publication date: 14/02/2020

Date of decision: 12/02/2020

Decided at meeting: 12/02/2020 - Cabinet

Effective from: 20/02/2020

Accompanying Documents: