Report of the Deputy Chief Executive and Director of Finance.
Additional documents:
Minutes:
The Service Manager Financial Services introduced the report, which had been circulated prior to the meeting, presenting the Council’s Prudential Code Indicators and Treasury Strategy for 2020/21.
RESOLVED to:
1) Approve the Prudential and Treasury Indicators and Treasury Management Strategy Statement 2020/21, which includes the key elements below, and refer it to Council on 5 March 2020 for approval as required by the Regulations:
a) The Minimum Revenue Provision Policy Statement (paragraph 2.2);
b) The Borrowing Strategy (paragraph 2.3.4);
c) The Annual Investment Strategy (paragraph 2.3.8);
d) Capital Affordability Prudential Indicators for 2020/21 to 2022/23 (Appendix 1);
e) Treasury Indicators including affordability limits to borrowing for 2020/21 to 2022/23 (Appendix 1); and
2) Note the indicative Prudential and Treasury Indicators for 2023/24 and 2024/25 (Appendix 1).