Decision details

2018/19 Treasury Management Strategy, Annual Investment Strategy and Minimum Revenue Provision Policy (LDR65)

Decision Maker: Cabinet

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 2018/19 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

Decision:

The Cabinet considered the proposed 2018/19 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 that the Council Meeting approve the following:-

 

·         the Minimum Revenue Provision Policy for 2018/19;

·         the Capital Expenditure Forecasts and Capital Financing Requirement projections;

·         the Treasury Management Strategy 2018/19;

·         the Treasury and Prudential Indicators and Limits 2018/19-2020/21;

·         the Annual Investment Strategy (AIS) 2018/19.

Alternative options considered:

None

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: CAB77

Declarations or conflicts of Interest: None

Forward Plan Reference: LDR65

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 2018/19.


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

Report author: Lorna Soufian

Publication date: 09/02/2018

Date of decision: 06/02/2018

Decided at meeting: 06/02/2018 - Cabinet

Accompanying Documents: