Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To consider the Treasury Management Strategy
for 2023/24. This includes setting the Prudential Indicators as set
out in the Prudential Code and approving the Minimum Revenue
Provision Policy Statement and Annual Investment Strategy for
37.1 The Cabinet
considered a report by the Chief Operating Officer.
37.2 It was RESOLVED to recommend the County Council to:
1) approve the Treasury Management Policy and Strategy Statement for 2023/24;
2) approve the Annual Investment Strategy for 2023/24;
3) approve the Prudential and Treasury Indicators 2023/24 to 2025/26;
4) approve the Minimum Revenue Provision (MRP) Policy Statement 2023/24 at Appendix A (Section 3).
37.3 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: 24/01/2023
Date of decision: 24/01/2023
Decided at meeting: 24/01/2023 - Cabinet
Effective from: 31/01/2023