Issue - meetings

Cabinet:

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 the Treasury Management Policy Statement, Minimum Revenue Provision Policy and Treasury Indicators.

Please note that recommendations to Council are not subject to call in.

Cabinet considered the annual review of the Treasury Management Strategy. The Leader of the Council introduced the report and recommended the refreshed Strategy for adoption by the Council, considering the changes around the borrowing rules for the Public Works Loan Board which came into effect from 26 November 2020.

Councillor Brian Milnes, Lead Cabinet Member for Environmental Services and Licensing commented the Council was adding environmental, social and governance considerations to all future investments.

After further discussion, Cabinet:

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 the Treasury Management Policy Statement, Minimum Revenue Provision Policy and Treasury Indicators.