Decision details

Treasury Management Policy and Strategy 2020/21

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To consider the Treasury Management Strategy for the financial year 2020/21.

Decisions:

46.1     The Cabinet considered a report by the Chief Operating Officer.

46.2     It was RESOLVED to recommend the County Council to:

1)            approve the Treasury Management Policy and Strategy Statement for 2020/21;

2)            approve the Annual Investment Strategy for 2020/21;

3)            approve the Prudential and Treasury Indicators 2020/21 to 2022/23;

4)            approve the Minimum Revenue Provision (MRP) Policy Statement 2020/21 at Appendix A (Section 3).

Reason

46.3     This policy sets out the acceptable limits on ratings, investment periods, amounts to be invested and the borrowing strategy. The financial position is kept under constant review and if at any time it is felt that any of these limits represent an unacceptable risk appropriate and immediate action will be taken accordingly.  Cabinet recommends the 2020/21 Treasury Management Policy and Strategy Statement for approval by Council.

 

 

Report author: Ian Gutsell

Publication date: 10/02/2020

Date of decision: 28/01/2020

Decided at meeting: 28/01/2020 - Cabinet

Accompanying Documents: