Decision Maker: Forest Heath Cabinet
Decision status: Recommmend Forward to Council
Is Key decision?: No
Is subject to call in?: Yes
RECOMMENDED TO COUNCIL:
That:-
1. The Annual Treasury Management and Investment Strategy Statements 2015/2016 (as set out in Appendix 1 and 2 of Report No CAB/FH/15/005) be approved.
2. The Treasury Management Code of Practice (as attached in Appendix 3 and 4 of Report No CAB/FH/15/005) be approved.
3. The Head of Resources and Performance, in consultation with the Portfolio Holder for Resources, Governance and Performance, be given delegated authority to make amendments to the Treasury Management Investment Strategy 2015/2016, taking into account advice of the Council’s Treasury Management Advisors in response to changes to credit ratings resulting from the implied removal of sovereign support in the Bank of England’s ‘bail-in’ regulations.
Report author: Rachael Mann, Judith Wright
Publication date: 19/02/2015
Date of decision: 17/02/2015
Decided at meeting: 17/02/2015 - Forest Heath Cabinet
Effective from: 26/02/2015
Accompanying Documents: