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Decision details

TREASURY MANAGEMENT STRATEGY 2019/20

Decision Maker: Executive

Decision status: Recommmend Forward to Council

Is Key decision?: No

Is subject to call in?: No

Decision:

The Executive resolved as follows:

 

To recommend to the Council:

 

  1. To approve the Treasury Management Strategy 2019/20 including both the Borrowing and Investment Strategies which are set out in Annex C and Annex D to the Executive report.

 

  1. To adopt the Treasury Management Policy Statement, the three key principles and four clauses taken from CIPFA’s Treasury Management in Public Services Code of Practice and Cross Sectoral Guidance Notes (2017 Edition) and set out in Annex B to the Executive report.

 

  1. To approve the revised Prudential Indicators and limits for 2018/19 and the new Prudential Indicators and limits for 2019/20 – 2021/22 which are set out in Annex E to the Executive report.

 

  1. To approve the Minimum Revenue Provision Policy Statement for 2019/20, which will ensure a prudent Minimum Revenue Provision charge in the annual statement of accounts. The policy is set out in Annex F to the Executive report.

 

Publication date: 05/02/2019

Date of decision: 04/02/2019

Decided at meeting: 04/02/2019 - Executive

Accompanying Documents: