Issue - meetings

Report of Director of Finance and Performance

Lead Cabinet member: Councillor Zoe Nicholson

Recommended to Full Council (Budget and policy framework):

(1) To approve the Treasury Management Strategy and Annual Investment Strategy for 2024/25 as set out at Appendix A to the report;

(2) To approve the Minimum Revenue Provision Policy Statement 2024/25 (as set out at Appendix A to the report);

(3) To approve the Prudential and Treasury Indicators 2024/25 to 2026/27 (as set out at Appendix A to the report)

(4)  To Approve the Capital Strategy 2024/25 (as set out at Appendix B to the report).

The Cabinet considered the report of the Director of Finance and Performance, seeking their recommendation to Full Council of the Council’s Annual Treasury Management Strategy, Capital Strategy and Investment Strategy together with the Treasury and Prudential Indicators.

Officers were thanked for their work in producing the report.

Policy and Performance Advisory Committee (PPAC), held on 25 January 2024 considered the report and were supportive of the officer

recommendations in full.

Recommended to Full Council (Budget and policy framework):

(1) To approve the Treasury Management Strategy and Annual Investment Strategy for 2024/25 as set out at Appendix A to the report;

(2) To approve the Minimum Revenue Provision Policy Statement 2024/25 (as set out at Appendix A to the report);

(3) To approve the Prudential and Treasury Indicators 2024/25 to 2026/27 (as set out at Appendix A to the report)

(4)  To Approve the Capital Strategy 2024/25 (as set out at Appendix B to the report).

Reason for decisions:

It is a requirement within the budget setting process for the Council to review and approve the Prudential and Treasury indicators, Treasury Strategy, Investment Strategy and Capital Strategy.