Decision details
Treasury Management Strategy Report
Decision Maker: Cabinet, Full Council
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
This report provides information on the
Council's Treasury Management Strategy for 2011/12 including
interest rate projections, borrowing and investment activity
report.
The report seeks approval for borrowing limits and authorisation
for the Director of Finance and Corporate Services to arrange the
Council's cashflow, borrowing and investments in the year
2011/12.
Decision:
1. That the future borrowing and investment strategies and to authorise the Director of Finance and Corporate Services to arrange the Council’s cashflow, borrowing and investments in 2011/12, be approved.
2. That the additions to the list of institutions to the Council’s restricted lending list noted at paragraph 10.4 of the report be approved.
3. In relation to the Council’s overall borrowing for the financial year 2011/12, the Prudential Indicators as set out in Section 3 of the report be approved.
4. That the future amendments to the credit criteria be delegated to Cabinet.
Report author: Pat Gough
Publication date: 09/02/2011
Date of decision: 07/02/2011
Decided at meeting: 07/02/2011 - Cabinet
Accompanying Documents:
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