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