Agenda item
Treasury Management
- Meeting of Executive, Monday, 14th February, 2022 6.30 pm (Item 90.)
- View the background to item 90.
To consider a report setting out a treasury management strategy.
Minutes:
PURPOSE
a) To comply with the amended Chartered Institute of Public Finance and Accountancy’s (CIPFA) Code of Practice on Treasury Management 2011.
b) To outline a treasury management strategy statement for the financial year 2022/23.
c) To set out prudential indicators for the financial years 2022/25 in line with the CIPFA’s Prudential Code 2017.
d) To seek approval for the Council’s Minimum Revenue Provision (MRP) Policy Statement for the financial year 2022/23 in accordance with Government regulations.
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REASON FOR DECISION
a) To provide the proper basis required by current Government regulations and guidance to make charges for debt repayment (MRP) to the Council’s revenue account.
b)
To fulfil statutory and regulatory requirements and to provide a
clear framework for local authority capital finance and treasury
management.
DECISION
It was RESOLVED that the Executive recommend to Full Council approval of;
a) The treasury management strategy statement for 2022/23 as set out in Appendix 1
b) The prudential and treasury indicators for 2022/23 to 2024/25 per Appendix 2 including the authorised limit for external debt of £95.346m in 2022/23.
c) The list of Counterparties for Deposits outlined within Appendix 3.
d) The Council’s MRP Statement for 2022/23 as set out in Appendix 4 of this report.
Supporting documents:
- TMS FINAL Report to Executive 22-23, item 90. PDF 264 KB
- TMS FINAL Report - App 1 - TMSS 2022-23, item 90. PDF 223 KB
- TMS FINAL Report - App 2 - Prudential Indicators, item 90. PDF 58 KB
- TMS FINAL Report - App 3 - Counterparty list 2022-23, item 90. PDF 113 KB
- TMS FINAL Report - App 4 - MRP Statement 2022-23, item 90. PDF 61 KB
- TMS FINAL Report - App 5 - Economic Update, item 90. PDF 171 KB
- TMS FINAL Report - App 6 - Scheme of Delegation, item 90. PDF 58 KB
- TMS FINAL Report - App 7 - TM Role of the Section 151 Officer, item 90. PDF 16 KB