Issue - meetings

Report of the Head of Corporate Resources

Further to Minute No. 85 of the Cabinet Meeting held on 16 February 2017, the Council considered the report of the Head of Corporate Resources which provided details of the proposed procedures and strategy to be adopted in respect of the Council’s Treasury Management Function in 2017/18.

It was moved by Councillor Maher, seconded by Councillor Fairclough and

RESOLVED:

That approval be given to:

(1)       the Treasury Management Policy Document for 2017/18 as set out in Annex A of the report;

(2)       the Treasury Management Strategy Document for 2017/18 as set out in Annex B of the report; and

(3)       the basis to be used in the calculation of the Minimum Revenue Provision for Debt Repayment in 2016/17 as set out in Annex C of the report.

Report of the Head of Corporate Resources

The Cabinet considered the report of the Head of Corporate Resources which provided details of the proposed procedures and strategy to be adopted in respect of the Council’s Treasury Management Function in 2017/18.

Decision Made:

That the Council be recommended to give approval to:

(1)       the Treasury Management Policy Document for 2017/18 as set out in Annex A of the report;

(2)       the Treasury Management Strategy Document for 2017/18 as set out in Annex B of the report; and

(3)       the basis to be used in the calculation of the Minimum Revenue Provision for Debt Repayment in 2016/17 as set out in Annex C of the report.

Reasons for Decision:

To enable the Council to effectively manage its treasury activities.

Alternative Options considered and Rejected:

None.