Issue - meetings

Treasury Management Draft Strategy 2025-26

 

 

Meeting: 20/01/2025 - Corporate Policy and Resources Committee (Item 8)

8 Treasury Management Draft Strategy 2025-26 pdf icon PDF 1 MB

The Committee is asked to:

 

1.    Approve the Treasury Management Strategy for 2025-26 as set out in this report; and

 

2.    By approving the report, they will be agreeing to the Treasury Management Practices (TMP), MRP statement, Operational Boundary and Authorised Limits.

Additional documents:

Decision:

The Committee resolved to:

 

1.    Recommend to Council that it approves the Treasury Management Strategy for 2025-26 as set out in the report; and

 

2.    Advise Council that by approving the report, they will be agreeing to the Treasury Management Practices (TMP), MRP statement, Operational Boundary and Authorised Limits.

 

Minutes:

The Committee considered a report that sought a recommendation to Council.

 

The Committee were advised that the Council has a statutory duty to approve an Annual Treasury Management Strategy.

 

The figures shown in Table 2 within the report were queried as they differed from those quoted in the Corporate Policy & Resources Committee (CP&RC) Capital Programme Report. 2025/26. Members were advised that the figures quoted in the CP&RC Capital Programme Report only related to this Committee whilst those quoted in this report were for all committees. The Chief Finance Officer advised that he would send an email to all Committee Members to clarify why there was a difference in figures.

 

The Committee Members requested that the methodology used to determine a Council’s credit rating also be sent to all Committee Members.

 

The Committee resolved to:

 

1.    Recommend to Council that it approves the Treasury Management Strategy for 2025-26 as set out in the report; and

 

2.    Advise Council that by approving the report, they will be agreeing to the Treasury Management Practices (TMP), MRP statement, Operational Boundary and Authorised Limits.