The Cabinet resolved to:
(i) Approve the revised 2018/19 Minimum Revenue Provision at Appendix 1 to the report;
(ii) Note the Treasury Management Strategy Statement Mid-Year Review 2018/19;
(iii) Note that in the first half of the 2018/19 financial year the Council complied with all 2018/19 treasury management indicators;
(iv) Note that the value of investments, as at 30 September 2018, totalled £300.2m;
(v) Note that the value of long-term borrowing, as at 30 September 2018, totalled £612.0m, which comprised market, Public Works Loan Board, Local Authority and European Investment Bank loans;
(vi) Note that the value of short-term borrowing, as at 30 September 2018, totalled £144.7m; and
(vii) Note the increased resources made available through the finance restructure to monitor the Council’s Investment and Acquisition Strategy’s funding requirement and cashflow monitoring requirements.