Purpose

A report recommending the Treasury Management
Strategy for 2026/27 and the Investment Strategy for 2026/27, along
with additional requirements as outlined in the
recommendations.

Decision

The Treasury Management Strategy for
2026/27 (attached to the report at Appendix 2) be approved with
effect from 1 April 2026;

The Investment Strategy for Non
Treasury Investments for 2026/27 (attached to the report at
Appendix 3) be approved with effect from 1 April 2026;

The County Council requires the
Executive Director for Resources to ensure that gross borrowing
does not exceed the prudential level specified (Appendix 2 to the
report, Section 4.16, Table 12 “Authorised Borrowing
Limit”);

 

The revised lending limits for the
Warwickshire Property Development Group (WPDG) come into immediate
effect (Appendix 3 to the report, Annex 7);
 
The revised lending limits for the
Warwickshire Investment Fund (WIF) come into immediate effect
(Appendix 3 to the report, Annex 7);
 
The County Council requires the
Executive Director for Resources to ensure that gross investment in
non-Treasury investments does not exceed the prudential levels
specified (Appendix 3 to the report, Annex 7);

 

The County Council authorises the
Executive Director for Resources to undertake such delegated
responsibilities as are set out in Appendix 2 to the report, Annex
8, and Appendix 3 to the report, Section 2.5;

 

The County Council authorises the
Executive Director for Resources to implement the Minimum Revenue
Provision (MRP) Policy (Appendix 2 to the report, Section 3).

 

The County Council authorises the
Executive Director for Resources temporarily to increase the upper
limit of the Council’s approved liquidity range and the money
market fund aggregate limit from £200m to £300m for a
maximum of ten working days, as a one-off, to provide flexibility
to manage the temporary cashflow impact of receiving the DSG High
Needs Stability Grant.