Issue - meetings

To approve the Council’s updated Treasury Management Policy Statement, including the Treasury Management and Annual Investment Strategies for the 2010/11 financial year.

(Report attached)

RECOMMENDED that

the Treasury Management Strategy for 2010/11 be approved.

(Officers highlighted an amendment that was to be made to the Strategy, as printed, this being the reduction of the maximum amount placed with any single institution from £1 million to £500,000 [Appendix A, Paragraph 7.1 - Specified Investments – Monies placed on call or for less than 3 month]) 

The Committee considered a report setting out a Treasury Management Strategy for 2010/11. It was reported that the Strategy was largely unchanged from that in use at the present time.

Officers highlighted an amendment that was to be made to the Strategy, as printed, this being the reduction of the maximum amount placed with any single institution from £1 million to £500,000 [Appendix A, Paragraph 7.1 - Specified Investments – Monies placed on call or for less than 3 month]

RECOMMENDED that

the Treasury Management Strategy for 2010/11 be approved.