Decision Maker: Mayor and Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
It was MOVED, SECONDED and RESOLVED to
1. Note the report, in particular the macroeconomic updates, performance of investments to date, updates on capital expenditure and borrowing in line with the Chartered Institute of Public Finance and Accountancy’s (CIPFA) prudential indicators, and the update of the Council’s Treasury Management Strategy, and:
2. To approve, and recommend that Council approves, the following changes to our current approved borrowing counterparties
i. Individuals lending via a peer-to-peer platform where appropriate counterparty checks are conducted by the platform;
ii. Investors in capital market bonds and retail bonds issued by the council
3. To approve, and recommend that Council approves, the updated Treasury Management Strategy.
Report author: David Austin
Publication date: 07/10/2022
Date of decision: 05/10/2022
Decided at meeting: 05/10/2022 - Mayor and Cabinet
Accompanying Documents: