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Council. Full Council sets the budget and council tax and approves major plans.
Report of the Corporate Lead Officer: Finance and Procurement upon the Council's Treasury Management Policy Statement, Treasury Management Strategy and Minimum Revenue Provision (MRP) Policy for 2023/24
RESOLVED: a) to note the report (items 2(i) to 2(iv) and approve the recommendation of Cabinet; b) to approve the Treasury Management Strategy for lending and investment 2023/24; and c) to approve the Minimum Revenue Provision Strategy for 2023/24.
Council. Full Council sets the budget and council tax and approves major plans.
To consider the report of the Corporate Lead Officer: Finance and Procurement upon the Treasury Management Strategy and Minimum Revenue Provision (MRP) Policy for 2024-25
The Council approved the Treasury Management Strategy for borrowing and investments for 2024/25, which sets out how it manages its cash and debt. It also approved the Minimum Revenue Provision (MRP) Policy, which sets the yearly amount set aside to repay debt. It gave the Section 151 officer, the senior finance officer, power to amend the strategy and investment schedule during the year, after consulting the Cabinet Member for Finance and Procurement.
Items are linked when their titles share most of their words and they fall within 18 months of each other. Councils don't number reports across meetings, so a few links may be wrong, and a step may be missing if its title changed a lot. Each step links to the meeting, where the council's own papers are.