Decision details

Treasury Management Strategy

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To consider proposals for this strategy which sets out:
the current treasury position;
the treasury limits in force which will limit the treasury risk and activities of the Council;
the prospects for interest rates;
the Council's borrowing strategy;
the Council's investment strategy;
the extent of debt rescheduling opportunities.

Decision:

The Cabinet approved the Treasury Management Strategy.
The Cabinet recommended to special Council on 19 February 2004 that the prudential limits (as listed in section 11.8 to 11.16 of the report) be approved.

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 strategy for the forthcoming year.

Publication date: 27/01/2004

Date of decision: 27/01/2004

Decided at meeting: 27/01/2004 - Cabinet

Effective from: 07/02/2004

Accompanying Documents: