Issue - meetings

Treasury Management Strategy Statement and Annual Investment Strategy - 2021/22 - 2022/23.

 

 

Meeting: 31/03/2021 - Council (Item 11)

11 Treasury Management Strategy Statement and Annual Investment Strategy 2021/22 to 2023/24. pdf icon PDF 894 KB

Minutes:

Councillor Pulfer moved the item noting that it has been robustly discussed at the Scrutiny Committee. Cllr Lewellyn-Burke seconded the item reiterating the Scrutiny Committee’s input. In response to a query on why the Council is asked to approve the authorised limit of debt from £28m to £30m she confirmed that it is a legal requirement to have the appropriate level of debt and can provide the calculations if required.

 

The Chairman took Members to a vote on the recommendations which were agreed with 42 favour and none against.

 

RESOLVED

 

Council agreed:

(i) the proposed Treasury Management Strategy Statement (TMSS) for 2021/22 and the following two years,

 

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

 

(iii) the proposed amendments to the specified and non-specified investment appendices;

 

(iv) the Prudential Indicators contained within the report.