Issue - meetings

Meeting: 28/02/2019 - Council (Item 94)

94 Treasury Management Strategy 2019/20 pdf icon PDF 301 KB

Report of the Head of Financial Services (Section 151 Officer) and recommendation from the Cabinet meeting held on 5 February 2019.

Minutes:

The Cabinet Member for Finance, Service Delivery and Improvement introduced the report which set out the Treasury Management Policy Statement and proposed Treasury Management Strategy for 2019/20 which set the framework and limits for the delivery of the council’s Treasury Management Strategy.

 

The Cabinet Member for Finance, Service Delivery and Improvement moved the recommendation, seconded by Councillor Izett.

 

Resolved:

 

1)        To note:

 

                 i.             That the Treasury Management Policy Statement (set out in Appendix 1 of the report) remains unchanged.

 

               ii.             The new Treasury Management Risk Indicators set out in section 5 of Appendix 2 of the report).

 

              iii.             The Chief Finance Officer (Head of Finance) comments on the level of risk set out in Section 13 of the report.

 

2)        That the Treasury Management Strategy for 2019/20 (set out in Appendix 2 of the report) be approved.


Meeting: 05/02/2019 - Cabinet (Item 66)

66 Treasury Management Strategy 2019/20 pdf icon PDF 301 KB

This report sets out the Treasury Management Policy Statement and proposed Treasury Management Strategy for 2019/20 which set the framework and limits for the delivery of the council’s Treasury Management Strategy.

 

This report accords with the council’s Policy and Budget Framework in that it sets out a strategy for achieving the 2019/20 budgeted treasury management investment income that is critical in providing the council with the resources necessary to deliver its objectives.

 

Recommendation from the Cabinet Member for Finance, Service Delivery and Improvement

Decision:

Note:

 

1.            The Treasury Management Strategy for 2019/20 (Set out in Appendix 2 of the report).

 

2.            The new Treasury Management Risk Indicators set out in section 5 of Appendix 2 of the report).

 

3.            That the Treasury Management Policy Statement (set out in Appendix 1 of the report) remains unchanged.

 

4.            The Chief Finance Officer (Head of Finance) comments on the level of risk set out in Section 13 of the report.

 

Recommend that Council notes:

 

5.            That the Treasury Management Policy Statement (set out in Appendix 1 of the report) remains unchanged.

 

6.            The new Treasury Management Risk Indicators set out in section 5 of Appendix 2 of the report).

 

7.            The Chief Finance Officer (Head of Finance) comments on the level of risk set out in Section 13 of the report.

 

Recommend that Council approves:

 

8.            The Treasury Management Strategy for 2019/20 (set out in Appendix 2 of the report).

 

Minutes:

The Cabinet Member for Finance, Service Delivery and Improvement introduced the report which set out the Treasury Management Policy Statement and proposed Treasury Management Strategy for 2019/20.  He stated that the Treasury Management Policy remained unchanged and with uncertainties around Brexit, the focus for treasury management would be on security and liquidity rather than enhanced returns.

 

Resolved: Cabinet

 

Note:

 

1.            The Treasury Management Strategy for 2019/20 (Set out in Appendix 2 of the report).

 

2.            The new Treasury Management Risk Indicators set out in section 5 of Appendix 2 of the report).

 

3.            That the Treasury Management Policy Statement (set out in Appendix 1 of the report) remains unchanged.

 

4.            The Chief Finance Officer (Head of Finance) comments on the level of risk set out in Section 13 of the report.

 

Recommendation to Council: That Council

 

Notes:

 

5.            That the Treasury Management Policy Statement (set out in Appendix 1 of the report) remains unchanged.

 

6.            The new Treasury Management Risk Indicators set out in section 5 of Appendix 2 of the report).

 

7.            The Chief Finance Officer (Head of Finance) comments on the level of risk set out in Section 13 of the report.

 

Approves:

 

8.            The Treasury Management Strategy for 2019/20 (set out in Appendix 2 of the report).