Report: Treasury Management Strategy Statement 2024/25 and Annual Investment Strategy 2024/25 (“TMSS”), Treasury Indicators

Presented by:  Councillor Christopher Wilkins - Cabinet Member for Finance

Cabinet agreed:   

·         The Draft 2024/25 TMSS & AIS which will form part of the Budget Report to Cabinet on 7 February and Full Council on 28 February 2024.

·         The revised prudential and treasury indicators set out in Appendix 2 and 3.

·                  The operational and authorised borrowing limits set out in tables 5 & 6 of appendix 2

Under the Havering Scheme of Delegation Part 3 section 3.10.3 the s151 Officer functions are:

(j)   To manage the Council’s loan debt, investments, and temporary investments, pension scheme and pension fund, insurance fund, act as registrar of loan instruments, manage all banking arrangements including numbers and types of accounts and arrange insurance of property and the selecting and accepting of tenders for insurance cover and related services which are considered to offer best value for the Council promoting good risk management practices at all times.