5. TREASURY MANAGEMENT STRATEGY REPORT 2020/21 PDF 292 KB
To consider and approve for the
proposals for the Treasury Management Strategy for 2020/21 for
recommendation to the Council meeting on 9 March 2020.
Additional documents:
Decision:
The Executive resolved as
follows:
To recommend the
Council:
- To
approve the Treasury Management Strategy 2020/21 including both the
Borrowing and Investment Strategies which are set out in Annex C
and Annex D to the Executive report.
- 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.
- To
approve the revised Prudential Indicators and limits for 2019/20
and the new Prudential Indicators and limits for 2020/21 –
2022/23 which are set out in Annex E to the Executive
report.
4.
To approve the Minimum Revenue Provision Policy
Statement for 2020/21, 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.