Decision details

Treasury Management and Annual Investment Strategy 2007/2008

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The report sets out the likely scenario for the Council's borrowing and investments for 2007/2008 along with recommending the statutory borrowing limits and prudential guideline limits for 2007/2008 to be agreed by Council on 1 March 2007.

Decision:

40/2007 The Cabinet approved the Treasury Management and Investment Strategy as set out in the report.
41/2007 The Cabinet recommended the approval of the Prudential limits (outlined in section 4 of the report) to Council on 1 March 2007.

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: 20/02/2007

Date of decision: 20/02/2007

Decided at meeting: 20/02/2007 - Cabinet

Effective from: 01/03/2007

Accompanying Documents: