Report by Director of Finance

The Director of Finance submitted a report a report setting out at Appendix 1 the Treasury Management Strategy Statement (TMSS) 2026/27 for approval.

The report noted that the TMSS 2026/27 reflected the Council’s Capital Programme 2026/27 – 2028/29 and set out the parameters for the Council’s planned treasury activity during 2026/27 under which the Council’s Treasury Team would manage day-to-day activity.  The report provided information on borrowing, investments, approved investments and counterparties and risk controls and noted that the successful identification, monitoring and control of financial risk were central to the Strategy.

The following motion was moved by Councillor Terry and seconded by Councillor Leng and CARRIED:

Resolved –

(1)       That the Treasury Management Strategy for 2026/27 be approved as set out in Appendix 1 Section 2 to the report;

(2)       That the Capital Prudential Indicators be approved as set out in Appendix 1 Section 3 to the report;

(3)       That the Minimum Revenue Provision (MRP) Policy for 2026/27 be approved as set out in Appendix 1 Section 4 to the report;

(4)       That the Borrowing Strategy for 2026/27 be approved as set out in Appendix 1 Section 5 to the report;

(5)       That the Annual Investment Strategy for 2026/27 be approved as set out in Appendix 1 Section 6 to the report;

(6)       That the Prudential and Treasury Management Indicators be approved as set out in Appendix 1 Annex 1 to the report;

(7)       That the change to the calculation of apportioning interest to the HRA be noted, as set out in Appendix 1 Sections 6.24 to 6.28.