Decision details

The Annual Treasury Management Strategy Statement sets out the Council’s strategy for ensuring that its capital investment plans are prudent, affordable and sustainable, and its cash balances are appropriately invested to generate optimum returns having regard to security and liquidity of capital.

Cabinet approved the following recommendations to Full Council for consideration at its meeting on 5 March 2025:

·       Approve the Treasury Management Strategy Statement

·       Approve the borrowing strategy and borrowing limits for 2025/26 to 2029/30

·       Approve the Prudential Indicators

·       Approve the Annual Investment Strategy (AIS) and approved investments

·       Approve the Minimum Revenue Provision Policy

·       Delegate authority to the Executive Director of Finance and Resources as outlined in Appendix 3 of the report

Reasons for Decision: The Treasury Management Strategy Statement is required to ensure compliance with the Local Government Act 2003, other regulations and guidance and to ensure that the Council’s borrowing and investment plans are prudent, affordable and sustainable.