Agenda item

Capital Strategy and Treasury Management Strategy 2023-24


Councillor Stephanie Cryan, cabinet member for communities, equalities and finance, formally moved the report.


The recommendations contained within the report were put to the vote and declared to be carried.




That council assembly noted:


1.  The significant movements in the macro-economic environment and financial markets worldwide in 2022-23 and that this will require a reset of the council’s Treasury Management Strategy.


2.  That the council continues to invest in an ambitious long-term capital programme that provides significant ongoing benefits throughout the Borough, and revenue streams to support council services.


3.  That council assembly approved:


a.  The Capital Strategy 2023-24 at Appendix A of the report


b.  The Treasury Management Strategy Statement 2023-24 at Appendix B of the report


c.  The Investment Management Strategy 2023-24 at Appendix C of the report


d.  The Minimum Revenue Provision Statement 2023-24 at Appendix D of the report


e.  The Prudential Indicators for 2023-26 at Appendix E of the report.

Supporting documents: