Decision details

Draft Treasury Management Strategy 2019-2020

Decision Maker: Corporate Governance & Audit Committee, Cabinet, Council

Decision status: Recommmend Forward to Council

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

The Council is asked to consider and approve the Council's Treasury and Investment strategies, Treasury policy statement for 2019-2020 and the Council’s capital strategy for 2019-2020 to 2023-2024. These documents are required to be approved by Full Council before the start of the relevant financial year by the CIPFA Treasury Management and Prudential Codes of Practice.

(Recommendation to Council)

Decision:

RECOMMENDATION TO THE COUNCIL

 

a)    That the Treasury Management Policy Statement, the Treasury Management Strategy Statement and Investment Strategy for 2019-20, incorporating the temporary limits established in appendix six be approved.

b)    That the Chichester District Council Capital Strategy for 2019-20 to 2023-24 be approved.

c)     That the prudential indicators and limits for 2019-20 included in appendix 2 be approved.

d)    That the investigation by officers as to whether to set an indicator measuring the proportionality of commercial income generated by Chichester District Council, and if so, to recommend a suitable indicator for inclusion in the Chichester District Council’s 2020-21 Treasury Strategy, be approved.

Report author: Mr Mark Catlow

Publication date: 07/02/2019

Date of decision: 05/02/2019

Decided at meeting: 05/02/2019 - Cabinet

Effective from: 14/02/2019

Accompanying Documents: