63 Treasury Management Strategy (TMS) PDF 255 KB
Key Decision
Portfolio Holder
Councillor David Martin – Portfolio Holder for Finance, Revenues and Benefits
Additional documents:
Decision:
RESOLVED that
a) the content of the Treasury Management Strategy (TMS) for 2022/23, including changes to the Annual Investment Strategy, be received and noted;
b) Council be recommended to approve the Treasury Management Policy Statement incorporating the following:
· Treasury Management Strategy Statement (TMSS)
· Borrowing Strategy
· Annual Investment Strategy
· Minimum Revenue Provision (MRP) Policy
· Prudential Indicators and Treasury Management Indicators
· Treasury Management Practices: Risk Management.
Minutes:
Members were requested to consider the Council’s Treasury Management
Strategy for the financial year 2022/23 comprising the following:-
Treasury Management Policy
Treasury Management Strategy Statement (TMSS)
Borrowing Strategy
Annual Investment Strategy
Minimum Revenue Provision Policy
Prudential Indicators and Treasury Management Indicators
Treasury Management Practices: Risk Management.
As it is a requirement of the CIPFA Treasury Management Code for all Local
Authorities to have a Treasury Management Strategy (TMS) and a requirement of DLUHC Statutory Guidance on Local Government Investments
to have an Investment Strategy, Members had no alternative options to
consider.
RESOLVED that
a) the content of the Treasury Management Strategy (TMS) for 2022/23, including changes to the Annual Investment Strategy, be received and noted;
b) Council be recommended to approve the Treasury Management Policy Statement incorporating the following:
· Treasury Management Strategy Statement (TMSS)
· Borrowing Strategy
· Annual Investment Strategy
· Minimum Revenue Provision (MRP) Policy
· Prudential Indicators and Treasury Management Indicators
· Treasury Management Practices: Risk Management.
Reason:
In accordance with Financial Regulation C.28, the Council shall adopt and maintain a Treasury Management Policy Statement, setting out the policies, objectives and the approach to risk of its Treasury Management activities.