Decision details

Treasury Management and Annual Investment Strategy 2008/11

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The report will set out the likely scenario for the Council's borrowing and investments for 2008/2009 along with recommending the statutory borrowing limits and prudential guideline limits for 2008/2009 to be agreed by Council on 28 February 2008.

Decision:

37/2008 The Cabinet approved the Treasury Management and Investment Strategy as set out in the report.
38/2008 The Cabinet recommended the approval of the Prudential limits and indicators (outlined in sections 3 and 4 of the report) to Council on 28 February 2008.

Reasons for the decision:

In line with CIPFA's Code of Treasury Management Practice an annual report must be taken to Cabinet detailing the Council's Treasury Management and Investment Strategy for the financial year.

Publication date: 19/02/2008

Date of decision: 19/02/2008

Decided at meeting: 19/02/2008 - Cabinet

Effective from: 28/02/2008

Accompanying Documents: