Issue - meetings

To consider the report of the Head of Finance, Procurement & Commercial Property.

Consideration was given to the report of the Head of Finance, Procurement and Commercial Property, contained on pages 1209 – 1230 of the Book of Reports, which detailed the framework for capital financing and treasury management operations for the next financial year.

RESOLVED:     A.  That the projected position in respect of the Prudential Indicators, as set out in Appendix 1 to the report, for 2019/20 be noted.

                           B.   That the Prudential Indicators for the next three years be agreed, as set out in Appendix 2 to the report. 

      C.  That the minimum revenue provision (MRP) policy as set out in Appendix 3 to the report, be approved for the next financial year.

      D.   That the Treasury Management Strategy set out in section 7 of the report be approved, including the prepayment of pension contributions.

      E.  That authority to make the Investment Decisions set out in paragraph 7.8 of the report, be delegated to the Strategic Assets Purchasing Committee.