Issue - meetings
Treasury Management Strategy Statement For 2016-17
Meeting: 02/02/2016 - Cabinet (Item 5)
5 Treasury Management Strategy Statement For 2016-17 
PDF 161 KB
Additional documents:
- 5.2b Annex A - TMSS 1617, item 5
PDF 407 KB
- Webcast for Treasury Management Strategy Statement For 2016-17
Decision:
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)
Minutes:
Councillor David Edgar, Cabinet Member for Resources, introduced the report. He highlighted adjustments to the strategy for example to reflect the regulatory environment of banks.
The Mayor agreed the recommendations to present the report to Council for agreement.
RESOLVED
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.