Decision details
2024/25 Treasury Management Strategy, Annual Investment Strategy and Minimum Revenue Provision Policy (F&R28)
PDF 109 KBDecision Maker: Cabinet
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
This comprehensive report sets out the
Council’s Treasury Management Strategies for 2024/25 which
are constructed in full compliance with the CIPFA Treasury
Management Code and the Council's Treasury Management Policy
Statement and Practices.
Decision:
The Cabinet has considered the Treasury Management Strategy and Annual Investment Strategy Mid-Year Review Report 2024/25 and has agreed to recommended that the Council Meeting:-
(1) The Minimum Revenue Provision Policy for 2024/25.
(2) The Capital Expenditure Forecasts and Capital Financing Requirement projections.
(3) The Treasury Management Strategy 2024/25.
(4) The Treasury and Prudential Indicators and Limits 2024/25-2026/27.
(5) The Annual Investment Strategy (AIS) 2024/25.
Alternative options considered:
None.
Interests and Nature of Interests Declared:
None.
Reason Key: Policy Framework & Budget;
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: An Equalities Impact Assessment will be included within the report.
Decision Reference: CAB445
Declarations or conflicts of Interest: None.
Forward Plan Reference: F&R28
Other reasons / organisations consulted
The Council has delegated the role of ensuring
effective scrutiny of its Treasury Management Strategy to the
Corporate, Resource Management and Governance Scrutiny Committee
(CRMG). As such, the views of CRMG were sought and any opinions or
suggestions made have been taken into account when formulating the
Council's Treasury Management Strategies for 2024/25.CRMG were
consulted in a separate report on 21.11.23 and as such this report
will not go to CRMG
Contact: Lorna Soufian, Corporate and Support Services Email: lorna.soufian@stockport.gov.uk Tel: 0161 474 4026.
Report author: Lorna Soufian
Publication date: 31/01/2024
Date of decision: 30/01/2024
Decided at meeting: 30/01/2024 - Cabinet
Accompanying Documents: