DECISION

1.            To recommend that Full Council approve the following policy and strategies:

a)    The Minimum Revenue Provision Policy Statement set out in section 2 at annex A attached to this report;

b)    The Treasury Management Strategy Statement set out in sections 5 - 6 at annex A attached to this report;

c)    The Annual Investment Strategy set out in s sections 5 - 6 at annex A attached to this report, which officers involved in treasury management, must then follow;

2.            To recommend that Full Council approve the prudential and treasury management indicators as set out in appendix 1 to the report; and

3.            To delegate to the Corporate Director Resources, after consultation with the Lead Member for Resources, authority to vary the figures in this report to reflect any decisions made in relation to the Capital Programme prior to submission to Budget Council.

Action by:                                                 

CORPORATE DIRECTOR, RESOURCES (Z. COOKE)

(Investment and Treasury Manager (B. Tobun)