Issue - meetings

To consider a report of the Executive Councillor (Corporate, Customer & Community Services).

The Executive Councillor (Corporate, Customer & Community Services) 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 2014/15.

RESOLVED – (58 for) That approval be given to:-

(i)    The Minimum Revenue Provision Policy for 2013/14 and 2014/15;

(ii)  The Capital Expenditure forecasts and Capital Financing Requirement projections;

(iii) The Treasury Management Strategy 2014/15;

(iv) The Treasury and Prudential Indicators and limits 2014/15-2016/17;

(v)  The Annual Investment Strategy 2014/15.

The names of those councillors voting on this resolution were recorded as follows:-

Those councillors who voted for the resolution were:-

The Mayor (Councillor Chris Murphy); The Deputy Mayor; Councillors Ben Alexander, Shan Alexander, Sheila Bailey, Brian Bagnall, Paul Bellis, Andrew Bispham, Stuart Bodsworth, Laura Booth, Walter Brett, Peter Burns, Kate Butler, Martin Candler, Richard Coaton, Christine Corris, Stuart Corris, Sue Derbyshire, Kevin Dowling, Dean Fitzpatrick, Colin Foster, Alexander Ganotis, Chris Gordon, Lenny Grice, Tom Grundy, Philip Harding, Daniel Hawthorne, Brian Hendley, Kevin Hogg, Keith Holloway, Linda Holt, Sylvia Humphreys, Pam King, Mags Kirkham, Bryan Leck, Syd Lloyd, Patrick McAuley, Tom McGee, Wendy Meikle, Paul Moss, Adrian Nottingham, Anthony O’Neill, Wendy Orrell, John Pantall, Paul Porgess, Iain Roberts, Maureen Rowles, David Sedgwick, June Somekh, Andrew Verdeille, Alanna Vine, Lisa Walker, Mark Weldon, David White, Wendy Wild, David Wilson, Craig Wright and Suzanne Wyatt.

To consider a report of the Executive Councillor (Corporate, Customer & Community Services)

This comprehensive report proposes the 2014/15 Treasury Management Strategy, Investment Strategy, Minimum Revenue Provision Policy and prudent and sustainable Treasury and Prudential Indicators which are constructed in compliance with the CIPFA Code.

The Council has delegated the role of ensuring effective scrutiny of its Treasury Management Strategy to the Corporate, Resource 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 2014/15

An Equalities Impact Assessment has been carried out on the Treasury Management Strategy; this is included at Appendix six.

The Executive is asked to recommend that the Council Meeting approves

·         the Minimum Revenue Provision Policy for 2013/14 and 2014/15;

·         the Capital Expenditure forecasts and Capital Financing Requirement projections;

·         the Treasury Management Strategy 2014/15;

·         the Treasury and Prudential Indicators and Limits 2014/15-2016/17;

·         the Annual Investment Strategy 2014/15.

(Note: this decision is exempt from call-in)

Officer contact: Lorna Salvage, 0161 474 4026, lorna.salvage@stockport.gov.uk

The Executive Councillor (Corporate, Customer & Community Services) submitted a report (copies of which had been circulated) inviting the Executive Meeting to consider the 2014/15 Treasury Management Strategy, Investment Strategy, Minimum Revenue Provision Policy and prudent and sustainable Treasury and Prudential Indicators.

An Equalities Impact Assessment has been carried out on the Treasury Management Strategy and was included at Appendix six of the report.

RESOLVED – That the Council Meeting be recommended to approve:

·         the Minimum Revenue Provision Policy for 2013/14 and 2014/15;

·         the Capital Expenditure forecasts and Capital Financing Requirement projections;

·         the Treasury Management Strategy 2014/15;

·         the Treasury and Prudential Indicators and Limits 2014/15-2016/17; and,

·         the Annual Investment Strategy 2014/15.