Issue - decisions
Treasury Management & Investment Strategy 2017/18
01/02/2017 - Treasury Management & Investment Strategy 2017/18
RESOLVED (unanimously) that the Cabinet agreed to:
1. Recommend the actions proposed within the Treasury Management Strategy Statement (Appendix 1).
2. Recommend the Investment Strategy as detailed in Appendix 2.
3. Recommend to February Council for approval that decisions to borrow from the Local Government Association (LGA) Bond Agency, as detailed in Appendix 1, are delegated to the Chief Finance Officer in consultation with the Cabinet Member for Finance & Efficiency.
4. Note the Treasury Management Indicators detailed in Appendix 1 and delegate authority for updating the indicators prior to approval at Full Council on 14th February 2017 to the Chief Finance Officer and Cabinet Member for Finance & Efficiency, in light of any changes to the recommended budget as set out in the Budget Report elsewhere on the agenda for this meeting.