The report presents the Treasury Management Strategy for 2013/14 with the Prudential Indicators for 2013/14 – 2016/17.

The Board is asked to RECOMMEND that Council:-

(1)    Adopts and approves the Prudential Indicators and limits for 2013/14 to 2016/17 as set out in paragraphs 62 to 86 of the report;

(2)    Approves the Minimum Revenue Provision statement at paragraphs 25-27 of the report which sets out the Council’s policy on the repayment of debt;

(3)    Approves the Treasury Management Strategy 2013/14 and the treasury prudential indicators at paragraphs 17-39 of the report;

(4)    Approves the Investment Strategy for 2013/14 contained in the Treasury Management Strategy and the detailed investment criteria as set out in paragraphs 40-60 of and Appendix 1 to the report.

The Head of Finance submitted a report (previously circulated, now appended) which presented the Treasury Management Strategy for 2013/14 with the Prudential Indicators for 2013/14 – 2016/17.

Resolved to RECOMMEND Council to:-

(1)    Adopt and approve the Prudential Indicators and limits for 2013/14 to 2016/17 as set out in paragraphs 62 to 86 of the report;

(2)    Approve the Minimum Revenue Provision statement at paragraphs 25-27 of the report which sets out the Council’s policy on the repayment of debt;

(3)    Approve the Treasury Management Strategy 2013/14 and the treasury prudential indicators at paragraphs 17-39 of the report;

(4)    Approve the Investment Strategy for 2013/14 contained in the Treasury Management Strategy and the detailed investment criteria as set out in paragraphs 40-60 of and Appendix 1 to the report.