Issue - decisions
Treasury Management Policy Statement & Practices, Treasury Management & Annual Investment Strategy, Minimum Revenue Provision Policy Statement & Capital Strategy (annual report)
03/06/2019 - Treasury Management Policy Statement and Practices, Treasury Management and Annual Investment Strategy and Minimum Revenue Provision Policy Statement and Capital Strategy 2019/20
The Resources Portfolio Holder and Head of Finance submitted a report setting out the policies and objectives of the Council in respect of Treasury Management activities, explaining how the Council sought to achieve the objectives and manage and control the activities for 2019/20, which included the new requirement for a Capital Strategy.
Decision
Cabinet approved the revised Treasury Management Practices 2019/20 (Appendix 2 of the report) and agreed to recommend to Council that
· the Treasury Management Policy Statement 2019/20 be approved and clauses 4 to 7 (Appendix 1 of the report) be formally adopted.
· the Treasury Management and Annual Investment Strategy 2019/20 (Appendix 3 of the report) be approved including the agreed to formal adoption of the statement at 4.8 relating to non-treasury investments (Section 8 Treasury Management Code 2017).
· the MRP Policy Statement 2019/20 (Appendix 4 of the report) be approved.
· the Capital Strategy 2019/20 (Appendix 5 of the report) be approved.