Issue - decisions
Treasury Strategy 2018/2019
15/02/2018 - Treasury Strategy 2018/2019
RECOMMENDED:
a) That the Treasury Strategy for 2018/19 be approved.
b) That the Prudential Indicators, set out in Appendix 1, in accordance with the Local Government Act 2003, be approved.
c) That the Investment Strategy, set out in Appendix 2 in accordance with the CLG Guidance on Local Government Investments be approved.
d) That the Minimum Revenue Provision (MRP) Policy Statement, set out in Appendix 3 be approved.
e) That the Section 151 Officer be authorised to exercise the borrowing powers contained in Section 3 of the Local Government Act 2003 and to manage the Council’s debt portfolio in accordance with the Treasury Strategy.
f) That the Section 151 Officer be authorised to use other Foreign Banks which meet Link’s creditworthiness policy as required.
g) That Members be asked to note the changes to the CIPFA Treasury Management Code of Practice and Prudential Code and outstanding consultation exercises.