Issue - meetings

Cabinet recommended to Council that the proposed revised Treasury Management Strategy Statement 2016/17 (attached as Appendix A to the original report to Cabinet) be approved for implementation with immediate effect, including specifically:

i.              The Prudential Indicators (set out in Annex C of the Statement).

ii.            The Treasury Management Indicators (set out in paragraphs 55 to 58 of the Statement).

iii.           The approved counterparty methodology (set out in paragraphs 33 to 54 and Annex E of the Statement).

iv.           The Minimum Revenue Provision Statement (Annex D of the Statement).

v.            The reporting arrangements (Annex F of the Statement).

The Council received a report from the Cabinet which asked that the proposed revised Treasury Management Strategy Statement for 2016/17 be approved for implementation with immediate effect.

Proposed by Councillor Jon Clempner (seconded by Councillor Mike Danvers):

RESOLVED that the proposed revised Treasury Management Strategy Statement 2016/17 (attached as Appendix A to the original report to Cabinet) is approved for implementation with immediate effect, including specifically:

i.          The Prudential Indicators (set out in Annex C of the Statement).

ii.         The Treasury Management Indicators (set out in paragraphs 55 to 58 of the Statement).

iii.        The approved counterparty methodology (set out in paragraphs 33 to 54 and Annex E of the Statement).

iv.        The Minimum Revenue Provision Statement (Annex D of the Statement).

v.         The reporting arrangements (Annex F of the Statement).

RESOLVED that Cabinet recommends to Full Council that the proposed revised Treasury Management Strategy Statement 2016/17 (attached as Appendix A of the report submitted) be approved for implementation with immediate effect, including specifically:

i. The Prudential Indicators (set out in Annex C of the Statement).

ii. The Treasury Management Indicators (set out in paragraphs 55 to 58 of the Statement).

iii. The approved counterparty methodology (set out in paragraphs 33 to 54 and Annex E of the Statement).

iv. The Minimum Revenue Provision Statement (Annex D of the Statement).

v. The reporting arrangements (Annex F of the Statement).

The Cabinet received a report proposing a Treasury Management Strategy Statement for 2016/17. The report described the various statutory requirements on the Council in respect of its treasury management.

Proposed by Councillor Jon Clempner (seconded by Councillor Mike Danvers) it was:

RESOLVED that Cabinet recommends to Full Council that the proposed revised Treasury Management Strategy Statement 2016/17 (attached as Appendix A of the report submitted) be approved for implementation with immediate effect, including specifically:

i. The Prudential Indicators (set out in Annex C of the Statement).

ii. The Treasury Management Indicators (set out in paragraphs 55 to 58 of the Statement).

iii. The approved counterparty methodology (set out in paragraphs 33 to 54 and Annex E of the Statement).

iv. The Minimum Revenue Provision Statement (Annex D of the Statement).

v. The reporting arrangements (Annex F of the Statement).