To consider a report of the Executive Member for Finance and Governance and Corporate Director, Finance and Systems.

That the report be noted and that it be recommended that Council approve:

·          the Treasury Management Strategy 2021/22 – 2023/24 including the:

·         policy on debt strategy as set out in section 3 of the report;

·         investment strategy as set out in section 5 of the report;

·         Prudential Indicators and limits including the Authorised Limit (as required by section 3(1) of the Local Government Act 2003), Operational Boundary, Minimum Revenue Provision Statement and Investment criteria as detailed in Appendix 3 to the report.

The Executive Member for Finance and Governance and the Corporate Director of Finance and Systemssubmitted a report which outlined the key aspects of the proposed Treasury Management Strategy for 2021/22 – 2023/4, including with respect to the investments and borrowing strategy, outlook for interest rates, management of associated risks, policy to be adopted on Minimum Revenue Provision (MRP) and Prudential Indicators.

RESOLVED - That the report be noted and that it be recommended that Council approve:

·         the Treasury Management Strategy 2021/22 – 2023/24 including the:

·        policy on debt strategy as set out in section 3 of the report;

·        investment strategy as set out in section 5 of the report;

·        Prudential Indicators and limits including the Authorised Limit (as required by section 3(1) of the Local Government Act 2003), Operational Boundary, Minimum Revenue Provision Statement and Investment criteria as detailed in Appendix 3 to the report.