Issue - meetings

To submit a report by the Head of Function (Resources).

RESOLVED

•  To note the contents of the report;

•  To note the recommendations of the Audit Committee in relation to the Treasury Management Strategy Statement;

•  To endorse the capital plan and budget as the Executive’s proposal for next year;

•  To endorse the contents of,  and assumptions and proposals made within, the Treasury Management Strategy Statement (including the Prudential and Treasury Indicators) for 2014/15.

•  That authority be given to the Head of Function (Resources) to complete this documentation in conjunction with the Finance Portfolio Holder for determination by Council on 27th February, 2014.

Reported by the Head of Function (Resources) - That as part of the budget process, the Executive was required to make proposals in relation to a capital plan and budget, a Treasury Management Strategy (incorporating the Annual Investment Strategy and the Minimum Revenue Provision Policy) and a suite of prudential and treasury indicators.  Draft documents were attached as annexes and this report presented the key points so that the proposals may be presented to the County Council on 27^th February.  The projects in the current capital budget had been reviewed and no significant change was required.

RESOLVED

•  To note the contents of the report;

•  To note the recommendations of the Audit Committee in relation to the Treasury Management Strategy Statement;

•  To endorse the capital plan and budget as the Executive’s proposal for next year;

•  To endorse the contents of,  and assumptions and proposals made within, the Treasury Management Strategy Statement (including the Prudential and Treasury Indicators) for 2014/15.

•  That authority be given to the Head of Function (Resources) to complete this documentation in conjunction with the Finance Portfolio Holder for determination by Council on 27th February, 2014.