Decision Maker: Mid Suffolk Cabinet
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: Yes
BCa/18/64 –JOINT CAPITAL, INVESTMENT AND TREASURY MANAGEMENT STRATEGIES 2019/20
That the Cabinet recommends to Council:
1.1 The Joint Capital Strategy for 2019/20, including the Prudential Indicators, as set out in Appendix A of the report be approved.
1.2 The Joint Investment Strategy for 2019/20, as set out in Appendix B of the report be approved.
1.3 The Joint Treasury Management Strategy for 2019/20, including the Joint Annual Investment Strategy as set out in Appendix C of the report be approved.
1.4 The Joint Treasury Management Indicators as set out in Appendix D of the report be approved.
1.5 The Joint Treasury Management Policy Statement as set out in Appendix G of the report be approved.
1.6 The Joint Minimum Revenue Provision Statement as set out in Appendix H of the report be approved.
1.7 That the key factors and information relating to and affecting treasury management activities set out in Appendices E, F, and I of the report be noted be approved.
Reason for Decision:
Local authorities are required to approve their Treasury Management Strategy (TMS), their Capital Strategy (including an overview of the TMS) and their Investment Strategy annually before the start of the financial year.
Alternative Options Considered and Rejected:
1.1 This report fulfils the Councils legal obligations to have regard to the Code and MHCLG Guidance.
1.2 Individual strategies were considered but Joint Strategies have been prepared.
Any Declarations of Interest declared: None
Any Dispensation Granted: None
Publication date: 08/02/2019
Date of decision: 06/02/2019
Decided at meeting: 06/02/2019 - Babergh Cabinet
Effective from: 16/02/2019
Accompanying Documents: