Decision details

That:

1.     The Treasury Management Strategy for 2023/24 (Appendix 2 to the report) be approved with effect from 1st April 2023.

2.     The Investment Strategy for 2023/24 (Appendix 3 to the report) be approved with effect from 1st April 2023.

3.     The County Council requires the Strategic Director for Resources to ensure that gross borrowing does not exceed the prudential level specified (Appendix 2 to the report, Section 3.22, Table 12 “Authorised Borrowing Limit”).

4.     The revised lending limits for the Warwickshire Property Development Group come into immediate effect (Appendix 3 to the report, Annex 7).

5.     The revised lending limits for the WRIF come into immediate effect (Appendix 3 to the report, Annex 7).

6.     The County Council requires the Strategic 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.     The Council Council delegates authority to the Strategic Director for Resources to undertake delegated responsibilities in respect of both strategies (Appendix 2 to the report, Annex 7, and Appendix 3 to the report, Section 2.5).

8.     The County Council requires the Strategic Director for Resources to implement the Minimum Revenue Provision (MRP) Policy (Appendix 2 to the report, Section 2.11).

9.     The County Council requires the Strategic Director for Resources to enact an early payment of pension fund contributions subject to the conditions set out in Appendix 1 to the report, Section 5.14 being met.