Issue - meetings

This report presents the Council’s Treasury Management Strategy for the 2025 / 2026 financial year. The Treasury Management Strategy incorporates within it the Treasury Management Policy Statement, Annual Investment Strategy and Minimum Revenue Provision Policy.

Background:

This report presented the Council’s Treasury Management Strategy for the 2025/26 financial year. The Treasury Management Strategy incorporated within it the Treasury Management Policy Statement, Annual Investment Strategy and Minimum Revenue Provision Policy.

The Strategy had been prepared in line with CIPFA’s Local Authority Treasury Management Code and set out the Council’s borrowing requirement and strategy in respect of investments. It also provided details of the Council’s current portfolio position and set out the prudential and treasury indicators that would be used to monitor and measure treasury performance.

The report had previously been considered by the Audit Committee on 28 January 2025 and by the Cabinet on 11 February 2025, the comments and decisions of which were set out in sections 5 and 6 of the report.

A Diversity Impact Assessment had been undertaken on the Treasury Management Strategy, as set out in Appendix B to the report.

The Leader of the Council, Councillor Maple, supported by Councillor Browne, proposed the recommendations set out in the report.

Decisions:

a)    The Council noted the comments of the Audit Committee, as set out in section 5 of the report and the decisions of the Cabinet, as set out in section 6 of the report.

b)    The Council approved the Treasury Management Strategy 2024/25, as set out in Appendix A to the report.

Background:

The report presented the Cabinet with the Council’s Treasury Management Strategy for the 2025/26 financial year. The Treasury Management Strategy incorporated within it the Treasury Management Policy Statement, Annual Investment Strategy and Minimum Revenue Provision Policy.

The Audit Committee had considered this report on 28 January 2025 and its comments were set out in Appendix D, which had been circulated within the second supplementary agenda.

A Diversity Impact Assessment had been undertaken and was attached at Appendix B to the report.

Reasons:

Cabinet has the responsibility to make recommendations to Full Council on the approval of the Council’s Treasury Management, Investment Strategy and Minimum Revenue Provision Policy Statement and has responsibility for the implementation of the Treasury Management Practices and associated schedules.