Issue - meetings

Report of the Executive Director of Finance (Interim)

Purpose of report

To receive draft capital, investment and treasury management strategy reports for 2020-21.  These reports will be updated and refined prior to final versions being presented for approval to AARC on 22 January 2020.

Recommendations

The meeting is recommended:

1.         To note progress on draft reports for 2020-21 and to comment, advise or request further information.

Resolved

(1)           That, subject to the addition of graphs in the Treasury Management Strategy statement showing the forecast of the debt and borrowing, the progress on the draft reports be noted.

The Executive Director Finance (Interim) submitted a report which presented the draft, capital, investment and treasury management strategies for 2020-21. 

The strategies had been drafted using templates provided by Arlingclose, the council’s treasury management advisor. Each of the draft strategies were presented in turn to the Committee.

In considering the draft strategies, Members requested that graphs indicating the forecast of debt and borrowing be provided in the Treasury Management Strategy statement.

Resolved

(1)            That, subject to the inclusion of graphs in the Treasury Management Strategy statement showing the forecast of the debt and borrowing, the progress on the draft reports be noted.