Decision details

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

1)  To recommend the actions proposed within the Treasury Management Strategy Statement (Appendix 1 of the report) to February Council for approval;

2)  To recommend the Investment Strategy as detailed in Appendix 2 of the report to February Council for approval;

3)  To recommend the changes to the authorised lending lists detailed in Appendix 2 of the report and highlighted in Appendix 3 of the report to February Council for approval;

And further;

4)  To note the Treasury Management Indicators detailed in Appendix 1 of the report and delegate authority for updating the indicators prior to approval at Full Council on 18th February 2014 to the Divisional Director – Business Support and Cabinet Member for Community Resources, in light of any changes to the recommended budget as set out in the Budget Report elsewhere on the agenda for this meeting.

This report is a statutory requirement.

None.