Issue - meetings

Treasury Management and capital strategies for 2019/20

 

 

Meeting: 22/01/2019 - Performance, Audit and Governance Scrutiny Committee (Item 352)

352 Treasury Management and Capital Strategies for 2019/20 pdf icon PDF 34 KB

To follow

Additional documents:

Minutes:

The Executive Member for Finance and Support Services submitted a report which set out the proposed Treasury Management Strategy and Annual Investment Strategy for 2018-19 including the Prudential Indicators. The Head of Strategic Finance and Property provided a summary of the report.  The Committee Chairman reminded Members that agenda item 6 (Treasury management – Mid Year Review 2017-18) was backward looking and this report, looked forward.

 

In response to a Member’s question, the Council’s borrowing ability, was explained. Members supported the report as detailed.

 

It was moved by Councillor R Brunton and seconded by Councillor T Stowe, that the Treasury Management Activity and Prudential Indicators for the fix six months of the 2018/91 financial year, be approved.  After being put to the meeting and a vote taken, the motion was declared CARRIED.

 

RESOLVED – that (A) the Executive be advised that Treasury Management Strategy and Annual Investment Strategy, including the Prudential Indicators discussed in paragraph 2.1 – 2.3 be recommended for approval by Council via the Executive;

 

(B)   the credit and counterparty risk management and approved countries list discussed in paragraph 2.3 be recommended for approval by Council via the Executive.