Chichester District Council
Issue

Issue details

Overarching Investment Opportunities Protocol

This report describes proposals for implementing an investment strategy to preserve and improve the financial and other resources available to the Council. The strategy aims to generate revenue income from capital investment, and adopts the principles incorporated in the Council’s corporate Asset Management Plan in respect of land and property transactions. However, as well as land and property, the strategy is open to other forms of investment opportunity to the extent that they support and promote other Council policies, plans and priorities.

 

To fund investment opportunities as they arise, the investment strategy will draw upon the newly established Investment Opportunities Reserve, supplemented by other available sources of internal and external finance, to the extent that it is necessary to realise approved investments.

 

Decision type: Key

Decision status: Recommendations Approved

Notice of proposed decision first published: 06/10/2015

Decision due: 6 Sep 2016 by Cabinet

Considered on: 30 Jun 2016 by Corporate Governance & Audit Committee

Contact: Mr Tony Jackson, Acting Group Accountant (Technical & Exchequer) Email: tjackson@chichester.gov.uk.

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