Decision details

Treasury Management Strategy report 2015/16

Decision Maker: Cabinet, Full Council

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report provides the outline of the Council's Treasury Management Strategy for 2015/16.

Decision:

1.1         That approval be given to the future borrowing and investment strategies as outlined in this report and that the Executive Director of Finance and Corporate Governance be authorised to arrange the Council’s cash flow, borrowing and investments in 2015/16.

1.2         In relation to the Council’s overall borrowing for the financial year, to note the comments and the Prudential Indicators as set out in the report and the four year capital programme 2015/16 to 2018/19.

1.3         That approval be given to pay the Housing Revenue Account (HRA) investment income on unapplied HRA receipts and other HRA cash balances calculated at the average rate of interest (approximately 0.5% p.a.) earned on temporary investments with effect from 1 April 2014.

Report author: Halfield Jackman

Publication date: 04/02/2015

Date of decision: 02/02/2015

Decided at meeting: 02/02/2015 - Cabinet

Effective from: 09/02/2015

Accompanying Documents: