Issue - meetings

Deputy Chief Executive and Chief Financial Officer.

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 2017/18.

RESOLVED:

To note the Prudential Indicators and Treasury Strategy 2017/18 as detailed in the report, and refer it to Full Council for approval as required by regulation.

To approve the Prudential and Treasury Indicators and Treasury Management Strategy Statement 2017/18, which includes the key elements below, and refer it to Council for approval as required by the regulations.

1.         The Minimum Revenue Provision (MRP) Policy Statement (at paragraph 2.1.3 of the report)

2.         The Borrowing Strategy (at paragraph 2.2.4 of the report)

3.         The Annual Investment Strategy (at paragraph 2.2.8 of the report)

4.         Capital Affordability Prudential Indicators (at Appendix 1 to the report)

5.         Treasury Indicators including affordability limits to borrowing (at Appendix 1 to the report)