Purpose

To approve the Capital, Investment and
Treasury Management Strategies and MRP Statement.

Content

The
recommendations within the report on the Capital, Investment and
Treasury Management Strategies and MRP Statement were agreed as
follows:

(i)      the Capital, Investment
and Treasury Management Strategies for 2024/25, including the
prudential indicators, be approved;

(ii)    
the 2024/25 MRP policy statement set out in Appendix A to the
Treasury Management Strategy be approved;

(iii)    
the 2023/24 MRP policy be amended to align it with the MRP approach
for 2024/25 in order to comply with MRP guidance in the current
financial year (i.e. 2023/24); and

(iv)    the
Debt Reduction Plan Principles set out in Appendix E to the
Treasury Management Strategy be approved.