Issue - meetings

Treasury Management Strategy Statement and Annual Investment Strategy 2019/20 - 2020/21

Meeting: 27/03/2019 - Council (Item 9)

9 Treasury Management Strategy Statement and Annual Investment Strategy 2019/20 - 2021/22. pdf icon PDF 298 KB

Minutes:

Councillor John Belsey moved the item as Chairman of the Audit Committee, drawing Members attention to key indicators contained in section 2 of the Treasury Management Statement. He noted that the Audit Committee scrutinised the reports both at the mid-year point and at year end including reviewing rates of interest, and all aspects of investments. As such he confirmed that the Council is in sound financial health with a significant investment portfolio and low debt. Councillor Llewellyn-Burke seconded the item. 

 

The Chairman took Members to the recommendations contained in the report, which were agreed unanimously.

 

RESOLVED

 

Council agreed:

 

(ii)        the proposed Treasury Management Strategy Statement (TMSS) for 2019/20 and the following two years, including the additions to specified investments listed above;

(iii)       the Annual Investment Strategy (AIS) and the Minimum Revenue Provision Statement (MRP) as contained in Sections 4 and 2.3 respectively of the report;

(iv)       the Prudential Indicators contained within this report.