Agenda item

Any Items referred from other committees will be circulated as soon as they are available.

RESOLVED:

(1)       That the actual 2020/21 prudential and treasury indicators be approved;

(2)     That the annual Treasury Report for 2020/21 be noted.

REASONS FOR DECISIONS:

(1)       That Members are able to monitor, make adjustments within the overall budgetary framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.

(2)       That changes to the Council’s balances are monitored and approved.

Audio Recording – 18 minutes 34 seconds.

The Executive Member for Finance and IT presented the referral from Cabinet regarding the Investment Strategy (Capital and Treasury) End of Year Review 2019/20 along with the following appendices:

·                Appendix A – Capital Programme Detail including Funding 2020-21 Onwards

·                Appendix B – Treasury Management Update

Councillor Ian Albert proposed, Councillor Elizabeth Dennis-Harburg seconded and upon the vote it was:

RESOLVED:

(1)       That the actual 2020/21 prudential and treasury indicators be approved;

(2)     That the annual Treasury Report for 2020/21 be noted.

REASONS FOR DECISIONS:

(1)       That Members are able to monitor, make adjustments within the overall budgetary framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.

(2)       That changes to the Council’s balances are monitored and approved.