Issue - meetings

Treasury Management Strategy 2016/19

Meeting: 18/02/2016 - Executive (Item 109)

109 Treasury Management Strategy 2016/19 pdf icon PDF 99 KB

Additional documents:

Decision:

That Council be recommended to approve the following:

1)      the Capital Prudential indicators, 2016/17- 2018/19;

 

2)      the Borrowing Strategy 2016/17;

 

3)      the Annual Investment Strategy 2016/17;

 

4)      the Treasury Indicators: limits to borrowing activity 2016/17;

 

5)      flexible use of Capital Receipts; and

 

6)      note a review of counterparties and the consideration of risk versus return is                          being reviewed and will be reported back to Executive in the year for consideration.

 

Minutes:

The Executive considered a report setting out the proposed Treasury Management Strategy for 2016/17.

 

The Executive Member for Economic Development and Finance highlighted the importance of the Strategy, because of its links to the Capital Programme and how it would be financed and its links with the Council’s investment strategy.  The link was particularly important at the beginning of the financial year when, because of early payment of council tax, the Council had significant amounts of money on deposit which needed to be wisely invested in order to obtain the best return.

 

RECOMMENDATION:  That Council be recommended to approve the following:

1)      the Capital Prudential indicators, 2016/17- 2018/19;

 

2)      the Borrowing Strategy 2016/17;

 

3)      the Annual Investment Strategy 2016/17;

 

4)      the Treasury Indicators: limits to borrowing activity 2016/17;

 

5)      flexible use of Capital Receipts; and

 

6)      note a review of counterparties and the consideration of risk versus return is                          being reviewed and will be reported back to Executive in the year for consideration.