Purpose

The Annual Treasury Management Strategy
Statement sets out the Council’s strategy for ensuring that
its capital investment plans are prudent, affordable and
sustainable, and its cash balances are appropriately invested to
generate optimum returns having regard to security and liquidity of
capital.

Decision

Cabinet approved the
following recommendations to Full Council for consideration at its
meeting on 5 March 2025:

·      
Approve the Treasury Management Strategy Statement

·      
Approve the borrowing strategy and borrowing limits for 2025/26 to
2029/30

·      
Approve the Prudential Indicators

·      
Approve the Annual Investment Strategy (AIS) and approved
investments

·      
Approve the Minimum Revenue Provision Policy

·      
Delegate authority to the Executive Director of Finance and
Resources as outlined in Appendix 3 of the report
 
Reasons for Decision: The Treasury
Management Strategy Statement is required to ensure compliance with
the Local Government Act 2003, other regulations and guidance and
to ensure that the Council’s borrowing and investment plans
are prudent, affordable and sustainable.