Decision details

2017/18 Treasury Management Strategy, Annual Investment Strategy and Minimum Revenue Provision Policy

Decision Maker: Council Meeting

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

This comprehensive report sets out the Council’s Treasury Strategies for 2017/18 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

Decisions:

The Leader of the Council (Policy, Finance & Devolution) (Councillor Alex Ganotis) submitted a report (copies of which had been circulated) inviting the Council Meeting to consider the Treasury Management Strategy Statement, the Annual Investment Strategy and the Minimum Revenue Provision Policy 2017/18.

 

RESOLVED (57 for) – That approval be given to:-

 

·         The Minimum Revenue Provision Policy for 2017/18;

·         The Capital Expenditure forecasts and Capital Financing Requirement projections;

·         The Treasury Management Strategy 2017/18;

·         The Treasury and Prudential Indicators and limits 2017/18-2019/20; and

·         The Annual Investment Strategy 2017/18.

Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: An Equality Impact Assessment will be carried out.

Decision Reference: CM186

Forward Plan Reference: LDR49

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 at its meeting on 6 December 2016
and any opinions or suggestions made have been taken into account when formulating the Council's strategies for treasury management in 2017/18

Contact: Lorna Soufian, Corporate and Support Services Email: lorna.soufian@stockport.gov.uk Tel: 0161 474 4026.

Report author: Lorna Soufian

Publication date: 31/03/2017

Date of decision: 23/02/2017

Decided at meeting: 23/02/2017 - Council Meeting

Accompanying Documents: