Purpose

To recommend to Council, to agree and adopt the Borrowing
and Investment Strategy for 2024-25, as required by the CIPFA
Treasury Management Code of Practice.

Content

RESOLVED –
 
THAT the Council be recommended to approve:
 

(i)       
The Borrowing Strategy as set out in section 3 and Appendix 2 of
the report.  
 

(ii)      
The operational boundaries and authorised limits in Appendix 2 of
the report (treasury indicators 1 and
2).    
 

(iii)     
The prudential and treasury management indicators set out in the
tables presented in Appendices 1, 2 and 3 of the
report.  
 

(iv)     
The Investment Strategy as set out in section 4 and Appendix 3 of
the report. 
 

(v)      
The creditworthiness policy and credit rating criteria as set out
in Appendix 3 (Table 1) of the report.  
 

(vi)     
The investment instruments categorised as specified and
non-specified in Appendix 4 of the report, and
 

(vii)   
The Minimum Revenue Provision (MRP) Policy for depreciating assets
set out in Appendix 6 of the
report.