9 Treasury Management Strategy Statement and Annual Investment Strategy 2019/20 - 2021/22. 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.