Decision Maker: County Council

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: February 6, 2025

Purpose: Updated TMSS and IS(for Non-Treasury Investments) for 2025/2026.

Content: 1.     The Treasury Management Strategy for 2025/26 (Appendix 2 to the report) be approved with effect from 1 April 2025;   2.     The Investment Strategy for Non Treasury Investments for 2025/26 (Appendix 3 to the report) be approved with effect from 1 April 2025;   3.     The County Council requires 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.     The revised lending limits for the Warwickshire Property Development Group (WPDG) (Appendix 3 to the report, Annex 7) come into immediate effect;   5.     The revised lending limits for the Warwickshire Investment Fund (WIF) (Appendix 3 to the report, Annex 7) come into immediate effect;   6.     The County Council requires 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.     The County Council authorises 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, Section 2.5; and   8.     The County Council requires the Executive Director for Resources to implement the Minimum Revenue Provision (MRP) Policy (Appendix 2 to the report, Section 2.13-2.29).