Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: No
To review Treasury Management Operations, Treasury Management Strategy and Treasury Management Practices.
(a) Recommended to Council the updated Treasury Management Strategy attached at Appendix A to the report which sets the policy framework for the Council’s treasury management activity, including (i) the Treasury Management Policy Statement, (ii) Minimum Revenue Provision Policy and (ii) Treasury Indicators; and
(b) Supported the continuation of the interest rate of 3.85% on advances made to Ermine Street Housing during 2020/2021 and the issue of a formal loan agreement to South Cambs Limited to reflect the capital allocations identified in the Council’s approved capital programme.
Report author: Trevor Roff
Publication date: 05/02/2020
Date of decision: 05/02/2020
Decided at meeting: 05/02/2020 - Cabinet