Issue - meetings

To consider a report by the Head of Financial Services containing a proposed Treasury Management Strategy, which is required under the Council’s Code of Financial Management.

Approved the contents of the proposed Treasury Management Strategy for 2011/12 and recommended the Strategy to Council for approval along with the the Treasury Management Indicators and Prudential Indications for 2011/12.

With the assistance of a report by the Head of Financial Services (a copy of which is appended in the Minute Book) and having considered a proposed Treasury Management Strategy for 2011/12, the Cabinet

RESOLVED

  that the Council be recommended to approve:-

·  the Treasury Management Strategy for 2011/12 as appended to the report now submitted; and

·  the Treasury Management and Prudential Indicators for 2011/12.

To consider a report by the Head of Financial Services seeking approval of the Treasury Management Strategy for 2011/12 and the Treasury Management and Prudential Indicators for 2011/12.

(Councillor T V Rogers, Executive Councillor for Finance and Customer Services was in attendance for this item).

In accordance with their responsibility for scrutinising Treasury Management and with the assistance of a report by the Head of Financial Services (a copy of which is appended in the Minute Book) the Panel reviewed the Treasury Management Strategy for 2011/12 and the Treasury Management and Prudential Indicators for the same period.

Members noted that they would be provided with further training on this subject in the next Municipal Year. Having received clarification of the Council’s use of capital reserves, it was

RESOLVED

that the Cabinet be recommended to endorse the Treasury Management Strategy 2011/12 and the Treasury Management and Prudential Indicators for 2011/12 for submission to the Council.