Issue - meetings

Treasury Management Strategy Statement and Annual Investment Strategy 2012/13 update

 

 

Meeting: 16/04/2012 - City Council (Item 130)

130 Treasury Management Strategy Statement and Annual Investment Strategy 2012/13 Update pdf icon PDF 50 KB

Cabinet Member: Councillor Bowyer

Chair of Audit Committee: Councillor Dr Mahony

 

The City Council will be asked to consider the Cabinet and Audit Committee recommendations. 

Minute 147 of the Cabinet meeting (held on 27 March 2012), minute 56 of the Audit Committee (held on 16 March 2012) and the report of the Director for Corporate Services on the Treasury Management Strategy Statement and the Annual Investment Strategy 2012/13 update will be submitted.

 

Additional documents:

Minutes:

The Lord Mayor proposed, Councillor Ball seconded, and it was agreed that as the recommendations of the Audit Committee and Cabinet on the Treasury Management Strategy Statement and the Annual Investment Strategy 2012/13 update were the same, the recommendations would be taken together. (Audit Committee minute 56 and Cabinet minute 147 referred).   

 

Councillor Bowyer (Cabinet Member for Finance, Property and People) presented the proposals and moved the recommendations. Councillor Dr Mahony (Chair of the Audit Committee) seconded the proposal.

 

Agreed –

 

(1)

to remove the short-term rating requirement from the criteria required for the inclusion of organisations on the Council’s list of proposed counterparties for new investment in 2012-13;

 

(2)

the organisations and counterparty limits as set out in Appendix A to the written report of the Director for Corporate Services.

 

Meeting: 27/03/2012 - Cabinet (Item 147)

147 Treasury Management Strategy Statement and Annual Investment Strategy 2012/13 update pdf icon PDF 39 KB

The Director for Corporate Services will submit a written report on proposed amendments to the Treasury Management Strategy Statement and Annual Investment Strategy 2012/13 (approved by the City Council on 27 February 2012) and will ask Cabinet to recommend the amendments to the City Council for approval.

 

The recommendations of the Audit Committee (of 16 March 2012) on the proposal will also be reported.

Additional documents:

Minutes:

The Director for Corporate Services submitted a written report on the proposed amendments to the Treasury Management Strategy Statement and Annual Investment Strategy 2012/13 (approved by the City Council on 27 February 2012) and seeking Cabinet to recommend the amendments to the City Council for approval.

 

Agreed that –

 

            1.         the removal of the short-term rating requirement from the criteria required for the inclusion of organisations on the Council’s list of proposed counterparties for new investment in 2012-13;

 

           2.          theorganisations and counterparty limits as set out in Appendix A.