Council meetings

Decision details

Treasury Management Strategy 2022-23

Decision Maker: Mayor and Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No


Having considered an open officer report, and a presentation by the Cabinet

Member for Finance & Resources, Councillor Amanda De Ryk, the Mayor and

Cabinet agreed that:


(1) Council be asked to approve the prudential indicators and treasury

indicators, as set out in section 6 and 7;


(2) Council be asked to approve the Annual Investment Strategy and

Creditworthiness Policy, set out in further detail at Appendix 2;


(3) Council be asked to approve the Investment Strategy as set out in section

5, along with the operational boundary & authorised limit for the year as set

out in section 7;


(4) Council be asked to approve the Minimum Revenue Provision (MRP)

policy as set out in section 6;


(5) Council be asked to delegate to the Executive Director of Corporate

Resources authority during 2022/23 to make amendments to borrowing and

investment limits provided they are consistent with the strategy and there is

no change to the Council’s authorised limit for borrowing; and


(6) Council be asked to approve the overall credit and counterparty risk

management criteria, as set out at Appendix 2, the proposed countries for

investment at Appendix 5, and that it formally delegates responsibility for

managing transactions with those institutions which meet the criteria to the

Executive Director for Corporate Resources

Publication date: 03/02/2022

Date of decision: 02/02/2022

Decided at meeting: 02/02/2022 - Mayor and Cabinet

Accompanying Documents: