11 Treasury Management Strategy Statement and Annual Investment Strategy 2021/22 to 2023/24. 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.