Decision details

2019/20 Treasury Management Strategy, Annual Investment Strategy and Minimum Revenue Provision Policy (LDR74)

Decision Maker: Cabinet

Decision status: Recommmend Forward to Council

Is Key decision?: Yes

Is subject to call in?: No


This comprehensive report sets out the Council’s Treasury Strategies for 2019/20 which are constructed in full compliance with the CIPFA Treasury Management in Public Services Code of Practice and the Council's Treasury Management Policy Statement and Practices


The Cabinet considered the proposed 2019/20 Treasury Management Strategy, Annual Investment Strategy, Minimum Revenue Provision Policy and prudent and sustainable Treasury and Prudential Indicators, constructed in compliance with the CIPFA Treasury Management Code of Practice, and recommended to the Council Meeting that it approve:-


·           the Minimum Revenue Provision Policy for 2019/20;

·           the Capital Expenditure Forecasts and Capital Financing Requirement projections;

·           the Treasury Management Strategy 2019/20;

·           the Treasury and Prudential Indicators and Limits 2019/20-2021/22; and

·           the Annual Investment Strategy (AIS) 2019/20.

Alternative options considered:


Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: CAB152

Declarations or conflicts of Interest: None

Forward Plan Reference: LDR74

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 strategies for treasury management in 2019/20.

Contact: Lorna Soufian, Corporate and Support Services Email: Tel: 0161 474 4026.

Report author: Lorna Soufian

Publication date: 07/02/2019

Date of decision: 05/02/2019

Decided at meeting: 05/02/2019 - Cabinet

Accompanying Documents: