Issue - meetings

Treasury Management Report

Meeting: 26/02/2020 - Cabinet (Item 8)

8 Treasury Management Report pdf icon PDF 398 KB

A report from Councillor O’Brien, Cabinet Member for Finance and Housing is attached.



              The Cabinet Member for Finance and Housing submitted the Treasury Management Strategy and Prudential indicators 2020/21 The report sets out the suggested Strategy for 2020/2021 in respect of the following aspects of the Treasury Management function.  It is based upon the Treasury officers’ views on interest rates, supplemented with leading market forecasts provided by the Council’s treasury advisor.  The Strategy covers:


·         Capital plans and prudential indicators;

·         the minimum revenue provision policy;

·         the current treasury position;

·         treasury limits in force which will limit the treasury risk and activities of the Council;

·         prospects for interest rates;

·         the borrowing strategy;

·         policy on borrowing in advance of need

·         debt rescheduling;

·         the investment strategy;

·         creditworthiness policy; and

·         policy on use of external service providers


Delegated decisions –


Cabinet approves, for onward submission to Council, the:

·       Prudential Indicators forecast for 3 years

·       Treasury Management Strategy for 2020/21

·       Minimum Revenue Provision Policy for 2019/20 and 2020/21

·       Schemes of Delegation and Responsibility attached at Appendices 2 and 6 to the report


Recommendation to Council:


That approval be given to the recommendations made in the report.