Issue - meetings

Received a report setting out the Treasury Management Annual Investment Strategy Statement, Prudential Indicators and Annual Investment Strategy in respect of the Council's Treasury Management functions.

Agreed:

1.  An authorised borrowing limit of £20 million for 2006/2007;

2.  The Treasury Management Annual Strategy and Annual Investment Strategy as set out in Appendix 1 of the report; and

3.  The prudential indicators for 2006/2007 through to 2008/2009 as set out in Appendix 1A of the report.

Received a report setting out the Treasury Management Annual Investment Strategy Statement, Prudential Indicators and Annual Investment Strategy in respect of the Council’s Treasury Management functions.

Agreed to recommend that the Assembly agrees;

1.  The Treasury Management Strategy Statement for 2006/07;

2.  The authorised borrowing limit of £20 million for 2006/07, which will be the statutory limit determined under section 3(1) of the Local Government Act 2003;

3  The Annual Investment Strategy for 2006/07, which states the investments that the Council may use for the prudent management of its investment balances; and

4.  The Treasury Management Prudential Indicators for 2006/07