Decision Maker: Portfolio Holder for Resources, Commissioning and Contracts Management
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
That
1. Treasury Management performance for the third quarter of 2022/23 be noted.
2. Council be recommended to agree to adopt the Treasury Management Statement and the Annual Investment Strategy for 2023/24 including:
(i)
the Prudential Indicators for the period 2023/24 to
2025/26
(ii) the Minimum Revenue Provision (MRP) policy statement
(iii) revised minimum credit-ratings for Housing Associations (BBB+) and Corporate Bonds (BBB+)
The Council is required by statute to agree and publish prudential indicators, primarily to confirm that the Council’s capital expenditure plans are affordable and sustainable. In line with government guidance, the Council’s policy is to seek to achieve the highest rate of return on investments whilst maintaining appropriate levels of risk, particularly security and liquidity.
Publication date: 06/02/2023
Date of decision: 06/02/2023
Effective from: 14/02/2023
Accompanying Documents: