(Report of the Portfolio Holder for Corporate Services & Assets)
Minutes:
The Report of the Portfolio Holder for Corporate Services and Assets presenting Members with the Mid-year review of the Treasury Management Strategy Statement and annual Investment Strategy was considered.
RESOLVED: |
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That: |
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1 |
The Treasury Management Strategy Statement and Annual Investment Strategy Mid-year Review Report 2011/12 be accepted, and;
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2 |
The revision to the Prudential and Treasury indicators and limits for 2011/12 to 2013/14 contained within the report and at Appendix 1, as a result of the new Housing Finance System be approved, and;
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3 |
The Inclusion of additional capital expenditure of £45.148m (subject to finalisation) in the 2011/12 Capital programme, to facilitate the capital financing implications of the new Housing Finance system and authorise the Corporate Director Resources to make the payment to DCLG be approved.
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(Moved by Councillor R Pritchard and seconded by Councillor D Cook) |