Issue - meetings
Treasury Management Strategy 2023/24
Meeting: 06/02/2023 - Cabinet (Item 9)
9 Treasury Management Strategy Statement 2023/24 
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Decision:
It is recommended that:
1. Approval be given to the future borrowing and investment strategies as outlined in this report.
2. The Director of Finance, in consultation with the Cabinet Member for Finance and Reform, be delegated authority to manage the Council’s cash flow, borrowing and investments in 2023/24 in line with this report.
3. In relation to the Council’s overall borrowing for the financial year, to approve the Prudential Indicators as set out in this report and the revised Annual Investment Strategy set out in Appendix E.
Minutes:
Councillor Rowan Ree informed that this report would be presented at Full Council for final approval later in the month. He congratulated all the staff working in treasury management for their success in managing council borrowing during a turbulent year in terms of global markets.
AGREED UNANIMOUSLY BY THE CABINET MEMBERS:
It is recommended that:
1. Approval be given to the future borrowing and investment strategies as outlined in this report.
2. The Director of Finance, in consultation with the Cabinet Member for Finance and Reform, be delegated authority to manage the Council’s cash flow, borrowing and investments in 2023/24 in line with this report.
3. In relation to the Council’s overall borrowing for the financial year, to approve the Prudential Indicators as set out in this report and the revised Annual Investment Strategy set out in Appendix E.