Issue - meetings

To consider a report of the Executive Councillor (Finance)

The report proposes the 2012/13 Treasury Management Strategy, Investment Strategy, Minimum Revenue Provision Policy and prudent and sustainable Treasury and Prudential Indicators which are constructed in compliance with the revised CIPFA Code.

The Executive is asked to recommend that the Council Meeting approves:

·         The Minimum Revenue Provision Policy 2012/13;

·         The Treasury Management Policy Statement and the four clauses to be formally adopted;

·         The Capital Expenditure forecasts and CFR projections;

·         The Treasury Management Strategy 2012/13;

·         The Treasury Management and Prudential Indicators and limits 2012/13-2014/15;

·         The Annual Investment Strategy 2012/13 (including the revision to the Council’s creditworthiness policy).

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

The Executive Councillor (Finance) submitted a report (copies of which had been circulated) inviting the Executive Meeting to consider the 2012/13 Treasury Management Strategy, Investment Strategy, Minimum Revenue Provision Policy and prudent and sustainable Treasury and Prudential Indicators which were constructed in compliance with the revised CIPFA Code.

RESOLVED – That Council Meeting be recommended to approve:

·         the Minimum Revenue Provision Policy 2012/13;

·         the Treasury Management Policy Statement and the four clauses to be formally adopted;

·         the Capital Expenditure forecasts and Capital Financing Requirment projections;

·         the Treasury Management Strategy 2012/13;

·         the Treasury Management and Prudential Indicators and limits 2012/13-2014/15, and

·         the Annual Investment Strategy 2012/13 (including the revision to the Council’s creditworthiness policy).