Decision details

Treasury Management Strategy Statement and Annual Investment Strategy 2021/22

Decision Maker: Cabinet

Decision status: Approved

Is Key decision?: No

Is subject to call in?: Yes


The Local Government Act requires the Council to set out its Treasury Strategy for borrowing, and to prepare an Annual Investment Strategy, setting out the Council’s policies for managing its investments.


Recommendations approved at Council on 23rd February 2021.


RESOLVED (unanimously) that the Cabinet agreed to:


1)  Recommend the actions proposed within the Treasury Management Strategy Statement (Appendix 1) to February Council.

2)  Note the Treasury Management Indicators detailed in Appendix 1 and delegate authority for updating the indicators prior to approval at Full Council on 23rd February 2021 to the Chief Finance Officer and Cabinet Member for Resources, in light of any changes to the recommended budget as set out in the Budget Report elsewhere on the agenda for this meeting.

3)  Note that any comments made by the Corporate Audit Committee at their meeting on the 4th February 2021 will be reported to Full Council on the 23rd February 2021.

Reasons for the decision:

This report fulfils the Authority’s legal obligation under the Local Government Act 2003 to have regard to the CIPFA Code.

Alternative options considered:

As per report.

Report author: Jamie Whittard

Publication date: 11/02/2021

Date of decision: 11/02/2021

Decided at meeting: 11/02/2021 - Cabinet

Effective from: 19/02/2021

Accompanying Documents: