Issue - meetings

Treasury Management Stategy 2017/18

Meeting: 06/02/2017 - Cabinet (Item 148)

148 Treasury Management Strategy 2017/18 pdf icon PDF 434 KB

Minutes:

1.          That approval is given to the future borrowing and investment strategies as outlined in this report and that the Strategic Finance Director be authorised to arrange the Council’s cash flow, borrowing and investments in 2017/18.

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 this report and the four year capital programme 2017/18 to 2020/21.

3.            That approval is 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 0.40% p.a.) earned on temporary investments throughout the year to the 31st March 2017.