Decision details
Treasury Management Strategy Statement & Annual Investment Strategy 2013/14
PDF 70 KBDecision Maker: Cabinet
Decision status: Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The Local Government Act requires the Council to set out its treasury strategy for borrowing and to prepare an Annual Investment Strategy.
Decision:
To RECOMMEND to Council:
(1) That Council approves the actions proposed within the Treasury Management Strategy Statement in Appendix 1;
(2) That Council approves the Investment Strategy as detailed in Appendix 2;
(3) That Council approves the changes to the authorised lending lists detailed in Appendix 2 and highlighted in Appendix 3;
and
To AGREE:
(4) To NOTE the Treasury Management Indicators detailed in Appendix 1 and delegate authority for updating the indicators prior to approval at Full Council on 19th February 2013 to the Divisional Director - Finance 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.
Reasons for the decision:
This report is a statutory requirement.
Alternative options considered:
None
Report author: Tim Richens
Publication date: 14/02/2013
Date of decision: 13/02/2013
Decided at meeting: 13/02/2013 - Cabinet
Effective from: 22/02/2013
Accompanying Documents: