Chichester District Council
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Issue - meetings

2021-22 Treasury Management & Investment Strategy and Capital Strategy update

Meeting: 12/03/2021 - Council (Item 104)

2021-22 Treasury Management & Investment Strategy and Capital Strategy update

The report papers for this item can be found on pages 7-69 of the Cabinet agenda from 2 February 2021 and its associated appendices.

 

The Cabinet recommendation to Council is as follows:

 

That the following documents referenced in 2.1 and 2.2 of the report are recommended to Council for approval:

 

·         Treasury Management Policy Statement

·         Treasury Management Strategy Statement

·         Investment Strategy and relevant Indicators for 2021-22

·         Capital Strategy for 2021-22 to 2025-26 be noted.

Minutes:

Cllr Wilding introduced the report. Cllr Wilding then moved the recommendation which was seconded by Cllr Lintill.

 

Members then voted virtually on the substantive recommendations which were carried.

 

RESOLVED

 

1.    That the following documents as detailed in the report be approved:

 

·         Treasury Management Policy Statement

·         Treasury Management Strategy Statement

·         Investment Strategy and relevant Indicators for 2021-22

 

2.    That the Capital Strategy for 2021-22 to 2025-26 be noted.


Meeting: 02/03/2021 - Council (Item 91)

2021-22 Treasury Management & Investment Strategy and Capital Strategy update

The report papers for this item can be found on pages 7-69 of the Cabinet agenda from 2 February 2021 and its associated appendices.

 

The proposed Cabinet recommendation to Council is as follows:

 

That the following documents referenced in 2.1 and 2.2 of the report are recommended to Council for approval:

 

·         Treasury Management Policy Statement

·         Treasury Management Strategy Statement

·         Investment Strategy and relevant Indicators for 2021-22

·         Capital Strategy for 2021-22 to 2025-26 be noted.

Minutes:

This item was deferred.

 


Meeting: 02/02/2021 - Cabinet (Item 109)

109 Draft Treasury Management, Investment and Capital Strategies 2021-22 pdf icon PDF 271 KB

The Cabinet is requested to consider the report and its appendices and make the following resolutions and recommendation to Council:

 

1.    That Cabinet considers the Treasury Management Policy Statement, the Treasury Management Strategy Statement, the Investment Strategy and relevant Indicators for 2021-22.

 

2.    That Cabinet considers the Council’s Capital Strategy for 2021-22 to 2025-26.

3.    That the documents in referenced in 2.1 and 2.2 of the report are recommended to Council for approval.

Additional documents:

Decision:

RESOLVED

 

1.    That the Treasury Management Policy Statement, the Treasury Management Strategy Statement, the Investment Strategy and relevant Indicators for 2021-22 be noted.

2.    That the Council’s Capital Strategy for 2021-22 to 2025-26 be noted.

 

*RECOMMENDATION TO COUNCIL

 

That the documents referenced in 2.1 and 2.2 of the report are recommended to Council for approval.

Minutes:

Cllr Wilding introduced the item.

 

Cllr Dignum requested that future versions of the Strategy include the current Government guidelines. He also suggested a cautious approach to investment of the additional £5 million pooled funds referenced on page 22 of the agenda pack. Cllr Wilding agreed that it would be useful to include the Government guidelines. He explained that there is no immediate intention to increase investments based on the additional £5 million.

 

Cllr Taylor with reference to page 51, table 3 of the agenda pack requested clarification on the reason for the higher level of near term investments for 2021 compared to other years listed and whether this was due to the Governments Covid-19 response. Mr Catlow explained that there are multiple factors including the grants received as part of the Governments Covid-19 response.

 

Cllr Plant wished to note that she was pleased to see the inclusion of carbon reduction in the Strategy. She confirmed that there would be further investigation into environmental technology grants.

 

In a vote the following resolutions and recommendation were made:

 

RESOLVED

 

1.    That the Treasury Management Policy Statement, the Treasury Management Strategy Statement, the Investment Strategy and relevant Indicators for 2021-22 be noted.

2.    That the Council’s Capital Strategy for 2021-22 to 2025-26 be noted.

 

RECOMMENDATION TO COUNCIL

 

That the documents referenced in 2.1 and 2.2 of the report are recommended to Council for approval.


 

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