Decision Maker: Strategy and Resources Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
The Committee:
(1) Received the report on the Council’s treasury management performance 2017/18.
(2) Approved the actual 2017/18 prudential indicators.
(3) Noted MCHLG’s Statutory Guidance on Local Government Investements.
(4) Noted the suspension of further out-of-borough investment property acquisitions, where the main purpose is purely to profit, until further guidance or case law is published that clarifies the Council’s related vires.
Note: Two Councillors abstained from agreeing to note recommendation 4 above.
Report author: Brendan Bradley
Publication date: 26/09/2018
Date of decision: 25/09/2018
Decided at meeting: 25/09/2018 - Strategy and Resources Committee
Accompanying Documents: