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Grass-cutting on council properties | Due to wet conditions of the grass, we may not be able to cut all of the grass areas of our council properties at this current time; this includes our parks, open spaces and play areas. Our team are surveying the sites and as soon as the areas are dry enough, our team will be grass-cutting as usual. Sorry for any inconvenience caused. 

Issue

Issue - meetings

2019/20 Treasury Management Strategy Statement and Prudential Indicators

 

 

Meeting: 05/02/2019 - Cabinet (Item 85)

85 Treasury Management Strategy Statement 2019/20 and Prudential Indicators 2019/20 to 2021/22 pdf icon PDF 64 KB

Report of the Strategic Director of Housing and Customer Services

Presented by the Corporate Portfolio Holder

Additional documents:

Minutes:

The Corporate Portfolio Holder presented the report to members, drawing their attention to the forecast treasury position up to 2022 as set out in the table at paragraph 10.1.  The Section 151 Officer added that the table showed the Council was in a position to lend funds out up until 2022; in future years there would be a borrowing requirement.

 

Councillor R Blunt commented that he would like to see an extended projection and to consider reducing capital spend  during periods where the Council potentially had a future borrowing requirement.

 

It was moved by Councillor N J Rushton, seconded by Councillor R Blunt and

 

RESOLVED THAT:

 

1.    Council be recommended to approve the treasury management strategy statement 2019/20, treasury management prudential indicators - revised 2018/19 and 2019/20 to 2021/22 and the annual minimum revenue provision statement.

 

2.    Council be recommended to approve the proposed change in approach to redemption of HRA loans (paragraph 1.8).

 

Reason for decision: These are statutory requirements.