Issue - items at meetings - Treasury Management Policy Statement 2012/13
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Treasury Management Policy Statement 2012/13
Meeting: 15/03/2012 - Cabinet (pre 2012) (Item 214)
214 Treasury Management Policy Statement 2012/13 PDF 67 KB
Report of the Director of Finance (copy attached).
Additional documents:
- Cabinet Report for Treasury Management Policy Statement 201213 enc. 1, item 214 PDF 165 KB
- Webcast for Treasury Management Policy Statement 2012/13
Decision:
(1) That it be noted that there are no changes to the Treasury Management Policy Statement and Treasury Management Practices approved by Cabinet on 17 March 2011; and
(2) That the Schedules to the Treasury Management Practices for 2012/13 as set out in Appendix 1 to the report be approved.
Minutes:
214.1 Councillor J. Kitcat introduced the report which set out the proposed strategy on treasury management for the forthcoming year and noted that it had not altered from the previous year.
214.2 Councillor Mitchell referred to page 22 of the agenda and queried how the level of HRA debt had increased from the previous year.
214.3 The Director of Finance stated that as part of the changes to the HRA system the redistribution of debt had to be made as part of the ability to retain greater autonomy for the housing stock. The level of debt had been taken into account as part of the budget planning process and amounted to a total of £120m.
214.4 The Chair noted the information and put the recommendations to the vote.
214.5 RESOLVED:
(1) That it be noted that there are no changes to the Treasury Management Policy Statement and Treasury Management Practices approved by Cabinet on 17 March 2011; and
(2) That the Schedules to the Treasury Management Practices for 2012/13 as set out in Appendix 1 to the report be approved.