Report by Chief Operating Officer
45.1 The Cabinet considered a report by the Chief Operating Officer
45.2 It was RESOLVED to recommend the County Council to:
1) approve the Treasury Management Policy and Strategy Statement for 2016/17;
2) approve the Prudential and Treasury Indicators 2016/17 to 2018/19; and
3) approve the Minimum Revenue Provision (MRP) Policy Statement for 2016/17.
45.3 The 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