Issue - meetings

Report of the Deputy Chief Executive and Director of Finance.

The Deputy Chief Executive introduced the report, which had been circulated prior to the meeting, presenting the Council’s Prudential Code Indicators and Treasury Strategy for 2019/20.

RESOLVED to:

1)    Approve the Prudential and Treasury Indicators and Treasury Management Strategy Statement 2019/20, which includes the key elements below, and refer it to Full Council on 4 March 2019 for approval as required by the Regulations:

a.            The Minimum Revenue Provision (MRP) Policy Statement (2.2);

b.            The Borrowing Strategy (2.3.4);

c.            The Annual Investment Strategy (2.3.8);

d.            Capital Affordability Prudential Indicators for 2019/20 to 2021/22 (Appendix 1);

e.            Treasury Indicators including affordability limits to borrowing for 2019/20 to 2021/22 (Appendix 1); and

2)    Note the indicative Prudential and Treasury Indicators for 2022/23 and 2023/24 (Appendix 1).