Decision details

Treasury Management Strategy and Investment Strategy

Decision Maker: Cabinet

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

A report recommending the Treasury Management Strategy for 2025/26 and the Investment Strategy for 2025/26, along with additional requirements as outlined in the recommendations

Decision:

That Cabinet recommends to Council to:

 

1.     Approve the Treasury Management Strategy for 2025/26 (Appendix 2 to the report) with effect from 1 April 2025;

 

2.     Approve the Investment Strategy for Non Treasury Investments for 2025/26 (Appendix 3 to the report) with effect from 1 April 2025;

 

3.     Require the Executive Director for Resources to ensure that gross borrowing does not exceed the prudential level specified (Appendix 2 to the report, Section 3.16, Table 12 “Authorised Borrowing Limit”);

 

4.     Approve the revised lending limits for the Warwickshire Property Development Group (WPDG) (Appendix 3 to the report, Annex 7);

 

5.     Approve the revised lending limits for the Warwickshire Investment Fund (WIF) (Appendix 3 to the report, Annex 7);

 

6.     Require the Executive Director for Resources to ensure that gross investment in non-Treasury investments does not exceed the prudential levels specified (Appendix 3 to the report, Annex 7);

 

7.     Authorise the Executive Director for Resources to undertake such delegated responsibilities as are set out in Appendix 2 to the report, Annex 7, and Appendix 3 to the report, Section 2.5;

 

8.     Require the Executive Director for Resources to implement the Minimum Revenue Provision (MRP) Policy (Appendix 2, to the report Section 2.13-2.29).

 

Report author: Makion Chiwade

Publication date: 30/01/2025

Date of decision: 28/01/2025

Decided at meeting: 28/01/2025 - Cabinet

Accompanying Documents: