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Resolved that the Governance and Audit Committee scrutinise the
Treasury Management report and recommend that the Executive
recommends the following to Council:
 

a)   
Approve the Treasury Management Strategy for
2025/26, which includes:

 

·      
the Minimum Revenue Provision Policy Statement
for 2025/26 (Appendix 1)

·      
the Annual Investment Strategy for 2025/26
(Appendix 2).

 

b)   
Approve the Prudential Indicators set out in the
Treasury Management Strategy, which demonstrate that the
Council’s capital investment plans are affordable, prudent
and sustainable (the Prudential Indicators are summarised in
Section 4).
 

c)   
Agree that future loans to third parties to be
charged at a minimum interest rate to cover all the Council’s
capital financing costs in providing the loan, namely MRP and
interest plus 1% for risk (paragraph 88 of the TMS).
 

To be actioned by: Interim Director,
Finance

 
(Steve Mair – 07786
525809)