Purpose

Treasury Management
Strategy Statement for the
financial year 2025/26, that
sets the framework for all
Treasury Management
investment and borrowing
activity for the coming year

Content

That Cabinet
recommend Full Council:
 

a)   
Adopt the Minimum Revenue Provision Policy (paragraph 26 –
28)

 

b)   
Adopt the Prudential and Treasury Indicators (paragraphs 17
– 25, 41 – 47 and Appendix A)

 

c)   
Adopt the Annual Investment Strategy (paragraph 64
onwards).

 

d)   
Delegate to the Corporate Director of Resources (S151 Officer)
the authority to vary the amount of borrowing and other long-term
liabilities within the Treasury Indicators for the Authorised Limit
and the Operational Boundary

 

e)   
Authorise the Corporate Director of Resources (S151 Officer) to
agree the restructuring of existing long-term loans where savings
are achievable or to enhance the long-term portfolio

 

f)    
Agree that short term cash surpluses and deficits continue to be
managed through temporary loans, deposits and money market
funds

 

g)   
Agree that any surplus cash balances not required to cover
borrowing are placed in the most appropriate specified or
non-specified investments, particularly where this is more cost
effective than short term deposits; and delegate to the Corporate
Director of Resources (S151 Officer) the authority to select such
funds

 

h)   
Agree the Investment Policy (paragraph 68)

 

i)     
Agree the Creditworthiness Policy (paragraph 72)

 

j)     
Agree the Loans Policy (appendix F)

 
Reason for
Decision:
 
To enable the
Council to agree a Treasury Management Strategy for 2025/26 and set
Prudential Indicators that comply with statutory guidance and
reflect best practice.