Issue - meetings

REPORT OF THE DIRECTOR – RESOURCES

The Investment Strategy provides the following key information:

·       Recommendations on the Prudential and other Treasury indicators that will be monitored and reported on during the year (2026/27).

·       As the Council has identified a need to borrow for capital purposes, a borrowing and Minimum Revenue Provision (MRP) policy.

·       The scope of treasury investments where the Council will invest any surplus cash.

RECOMMENDED TO COUNCIL: That it:

(1)             Approves the adoption of the Investment Strategy (as attached at Appendix A).

(2)             Approves the adoption of the four clauses in relation to the Code of Practice

on Treasury Management (as detailed in paragraphs 8.10 to 8.16).

REASON FOR RECOMMENDATIONS:  To ensure the Council’s compliance with CIPFA’s code of practice on Treasury Management, the Local Government Act 2003, statutory guidance from Government, and the CIPFA Prudential Code. As well as determining and managing the Councils risk appetite in respect of investments.