Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To approve the Treasury Management Policy and
Strategy for 2020/21. This includes setting the Prudential
Indicators as set out in the Prudential Code and approving the
Minimum Revenue Provision policy statement and the Annual
Investment Strategy for 2021/22.
40.1 The Cabinet considered a report by the Chief Operating Officer.
40.2 It was RESOLVED to recommend the County Council to:
1) approve the Treasury Management Policy and Strategy Statement for 2021/22;
2) approve the Annual Investment Strategy for 2021/22;
3) approve the Prudential and Treasury Indicators 2021/22 to 2023/24;
4) approve the Minimum Revenue Provision (MRP) Policy Statement 2021/22 at Appendix A (Section 3).
40.3 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.
Report author: Ian Gutsell
Publication date: 26/03/2021
Date of decision: 26/01/2021
Decided at meeting: 26/01/2021 - Cabinet
Effective from: 03/02/2021