INVESTMENT STRATEGY (INTEGRATED CAPITAL AND TREASURY)

February 29, 2024 Council (Other) Approved View on council website
Full council record
Content

RESOLVED:  That Council:
 

(1)  
Approved the adoption of the Investment Strategy (as attached at
Appendix A), including the capital programme and prudential
indicators.
 

(2)  
Approved 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).
 

(3)  
Agreed to bring forward the £30k capital allocation for the
refurbishment of the Howard Park Kiosk in to 2023/24.
 

(4)  
Agreed to bring forward £10k capital allocation for the
Public Sector Decarbonisation scheme in to 2023/24.
 

REASONS FOR DECISIONS:

 

(1)  
To ensure that the capital programme meets the Council’s
objectives and officers can plan the implementation of the approved
schemes.
 

(2)  
To ensure the Council’s compliance with CIPFA’s code of
practice on Treasury Management, the Local Government Act 2003,
statutory guidance from the Department of Levelling Up, Housing and
Communities (DLUHC) and the CIPFA Prudential Code. As well as
determining and managing the Councils risk appetite in respect of
investments.

Supporting Documents

INVESTMENT STRATEGY INTEGRATED CAPITAL AND TREASURY.pdf
Cabinet Appendix A- Integrated Capital and Treasury Strategy - CORRECTED.docx.pdf
Capital Programme 2024 - 2034v2 002.pdf

Details

OutcomeRecommendations Approved
Decision date29 Feb 2024