Decision details

RESOLVED: That the Executive;

1) noted the Treasury Management Strategy as set out in Appendix A, of the agenda papers including the following additional appendices;

• Prudential Indicators (Appendix B)

• Annual Investment Strategy 2023/24 (Appendix C)

• Minimum Revenue Provision (MRP) policy (Appendix D)

2) noted that the Audit Committee agreed the Treasury Management Strategy, including the change of minimum credit rating for investments, on 1 February 2023 and have recommended the report to Council.

Reason for Decision

To agree the treasury management procedures, limits, and objectives for 2023/24.

Effective and safe use of our resources to deliver service improvements and service continuity through the management of the council’s cash flow and investments while funding the capital programme.