Agenda item - Treasury Management Strategy Statement (TMSS) and Annual investment Strategy 2025/26

Agenda item

Treasury Management Strategy Statement (TMSS) and Annual investment Strategy 2025/26

Decision:

Cabinet

 

1.                Will recommend to Council for consideration and approval the 2025/26 Treasury Management Strategy Statement & Annual Investment Strategy

 

2.               Will recommend to Council for consideration and approval the revised prudential and treasury indicators set out in Appendix 2 and 3

 

3.               Will recommend to Council for consideration and approval the operational and authorised borrowing limits set out in tables 5 & 6 of appendix 2

 

4.               Noted the impact the capitalisation direction has on the prudential and treasury indicators, increasing the Capital Financing Requirement (CFR) by £396m by 31st March 2028 set out in table 4 of Appendix 2 

 

Minutes:

Report: Treasury Management Strategy Statement (TMSS) and Annual investment Strategy 2025/26

 

Presented by: Councillor Chris Wilkins, Cabinet Member for Finance

 

Summary:

 

The Treasury Management Strategy Statement (“TMSS”) is part of the Authority’s reporting procedures as recommended by the Chartered Institute of Public Finance and Accountancy (CIPFA) Treasury Management (“TM”) Code and its Prudential code (“The CIPFA Prudential Code”) for capital finance in local authorities. The TMSS also sets out recently introduced changes to the legislative framework, which are generally designed to place restrictions on authorities’ commercial activity.

 

This report fulfils the Authority’s legal obligation under the Local Government Act

2003 to have regard to both the CIPFA TM Code/Prudential Code and Government

Guidance, and it covers:

 

• The Borrowing and Investment Strategies

 

• Treasury Management and Prudential Indicators

 

Cabinet

 

1.                Will recommend to Council for consideration and approval the 2025/26 Treasury Management Strategy Statement & Annual Investment Strategy

 

2.               Will recommend to Council for consideration and approval the revised prudential and treasury indicators set out in Appendix 2 and 3

 

3.               Will recommend to Council for consideration and approval the operational and authorised borrowing limits set out in tables 5 & 6 of appendix 2

 

4.               Noted the impact the capitalisation direction has on the prudential and treasury indicators, increasing the Capital Financing Requirement (CFR) by £396m by 31st March 2028 set out in table 4 of Appendix 2 

 

Supporting documents: