Issue - meetings

To outline the council’s prudential indicators for 2016/17 to 2019/20 and set out the expected treasury operations for this period in accordance with legislative requirements.

Further to the discussion on the finance reports (minute 371 refers), it was moved by Councillor Hall and seconded by Councillor Morrell that the recommendations within the Prudential Code and Treasury Management report be approved. Upon being put to the vote the motion was CARRIED and it was

RESOLVED –

(i)            The prudential indicators and limits for 2016/17 to 2019/20 be approved;

(ii)           The minimum revenue provision (MRP) statement be approved;

(iii)          The treasury management strategy 2016/17 to 2019/20 and the treasury prudential indicators be approved;

(iv)         The investment strategy contained in the treasury management strategy be approved.

Councillor Hollick left the meeting at 8.04pm.