Council and Democracy

Issue - meetings

Treasury Management Strategy 2021/22

Meeting: 24/02/2021 - Council (Item 40)

Treasury Management Strategy 2021/22

Additional documents:

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Minutes:


Meeting: 03/02/2021 - Standards and Audit Committee (Item 14)

Treasury Management Strategy 2021/22

Additional documents:

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Minutes:

The Group Financial Accountant presented a report recommending for approval the Treasury Management Strategy Statement, the Capital Strategy Report and the Annual Investment Strategy Statement for 2021/22 and the Minimum Reserve Provision (MRP) Policy for 2021/22.

 

The report noted the Council’s requirement to approve its Treasury Management and Investment Strategies. It detailed the Council’s estimated capital expenditure, how this would be financed and the Council’s borrowing need, in addition to indicating the most cost effective method as internal borrowing.

 

The Treasury Management Strategy Statement 2021/22 was attached at Appendix A to the officer’s report. 

 

A motion was moved and seconded that the prudential indicators be reported to the committee each quarter. On moving to a vote, the motion failed.

 

* RESOLVED –

 

That Council be recommended to:

 

1. Approve the Treasury Management Strategy Statement for the financial year 2021/22.

 

2. Approve the Capital Strategy Report for the financial year 2021/22

 

3. That the Investment Strategy Report be approved.


4. That the Minimum Revenue Provision policy be approved