Issue - meetings

This report outlines the treasury management and investment strategy for 2026/27, which includes prudential indicators for 2026/27 to 2028/29, the minimum revenue provision (MRP) policy, and the investment and borrowing strategy. It is a legislative requirement that these items be approved by Full Council.

The Group received a report outlining the treasury management and investment strategy for 2026/27, which includes prudential indicators for 2026/27 to 2028/29, the minimum revenue provision (MRP) policy, and the investment and borrowing strategy. It is a legislative requirement that these items be approved by Full Council.

Members discussed the following issues:

·                 An explanation of the figures within table 3.1 which sets out the treasury investments as at 31 March and 31 December 2025.

·                 A missing figure in the second table under section 2.1 for the CIL and S106 funding for 2026/27 which should have listed the figure £3,695 and will be corrected in the document presented to Full Council in February.

·                 Whether any amendments should be made to the list of countries in section 7. No countries were removed from the list.

·                 Whether the Epsom & Ewell Treasury Management and Investment Strategy aligns with the other districts due to become part of East Surrey.

Following consideration of the report’s contents, the Group moved to consider the report recommendations, which were agreed as follows:

Following consideration, it was resolved:

(1)        Recommend to Full Council that the treasury management and investment strategy, which includes the following, be approved:

1.1   The treasury management strategy and the treasury prudential indicators contained therein;

1.2   The capital prudential indicators and limits;

1.3   The borrowing strategy contained within the treasury management statement;

1.4   The annual investment strategy;

1.5   The minimum revenue provision policy statement;

1.6   The treasury management practices.

(2)        Advise whether any countries should be considered for removal from the list of approved investable countries at section 7 of the treasury management and investment strategy in the appendix.