This report seeks the views of CRMG on the
development of the Council’s Treasury Management Strategy
Statement (TMSS), Annual Investment Strategy (AIS) and Minimum
Revenue Provision (MRP) Policy for 2014/15, to be tabled for
approval at the Executive Meeting on 11 February 2014 and the
Council Meeting on 27 February 2014.
Decision type: Key
Decision status: Recommendations Approved
Wards affected: (All Wards);
Department: Corporate and Support Services
Contact: Lorna Soufian, Corporate and Support Services Email: lorna.soufian@stockport.gov.uk Tel: 0161 474 4026.
Consultation process
The Local Government Act 2003 and supporting
regulations requires the Council to ‘have regard to’
the CIPFA Prudential Code and the CIPFA Treasury Management Code of
Practice. The CIPFA TReasury Management Code places emphasis on
regular reporting on treasury management strategy and performance
and scrutiny of treasury management strategy and policy to a
specific named body. The Council has accordingly delegated the role
of ensuring effective scrutiny of its Treasury Management Strategy
to the Corporate, Resource and Governance Scrutiny Committee. In
line with the Code, the Executive and CRMG have received annual
training and updates since the 2009/10 financial year.