Issue - meetings

To consider the report of the Interim Section 151 Officer, (copy enclosed).

The Committee considered the report of the Interim Section 151 Officer presenting the Treasury Management Strategy 2020 / 21 (attached as Appendix 1 to the report) for approval by the Council.  The supporting Treasury Management Practices were attached as Appendix 2 the report.

It was noted that the Treasury Management Strategy had been updated in line with statutory requirements and good practice, having regard to the Council’s financial position, links to wider strategies, plans & aims and the advice of the Council’s external treasury advisor.

The Chairman advised that there was an amendment to Treasury Management Practices 6 – Reporting requirements and management information arrangements.  He proposed that the recommendation be amended as follows:

That the Treasury Management Strategy 202 / 21 at Appendix 1 and the accompanying Treasury Management Practices (TMP) be approved but that TMP6 at Appendix 2 be amended as necessary to align with the Council’s new Committee structure and the roles and responsibilities therein.

This proposal was duly agreed.

RECOMMENDED that subject to amendment of the Treasury Management Practices (TMP), specifically TMP6 to align it with the Council’s new Committee structure and the roles and responsibilities therein, the Treasury Management Strategy 2020 / 21, attached as APPENDIX 6 to these Minutes, be approved.