Issue - meetings

Report of the Head of Finance and IT

The Head of Finance introduced the report, which had been circulated in advance of the meeting, presenting the Council’s prudential code indicators and treasury strategy for 2022/23.

RESOLVED to:

1)    Approve the prudential and treasury indicators and treasury management strategy statement 2022/23, which includes the key elements below, and refer it to Council on 3 March 2022 for approval:

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 2022/23 to 2024/25 (appendix 1);

e)    Treasury indicators including affordability limits to borrowing for 2022/23 to 2024/25 (appendix 1); and

2)    Note the indicative prudential and treasury indicators for 202/26 and 2026/27 (appendix 1).