Issue - items at meetings - Treasury Management Policy Statement 2009/10

Report of the Interim Director of Finance & Resources (copy attached)

(1)   That the Treasury Management Policy Statement 2009/10 as set out in Appendix 1 to the report be approved.

(2)    That the Treasury Management Practices 2009/10 as set out in Appendix 2 to the report be approved.

(3)    That the Schedules to the Treasury Management Practices 2009/10 as set out in Appendix 3 to the report be approved

187.1  The Cabinet considered a report of the Interim Director of Finance & Resources that provided information in relation to Part 1 of the Local Government Act 2003, which introduced a new capital finance system with effect from April 2004. This required the council to; comply with the requirements of ‘the Code of Practice for Treasury Management in the Public Services’ issued by CIPFA; and comply with investment guidance issued by the Secretary of State (for copy see minute book).

187.2  RESOLVED - That, having considered the information and the reasons set out in the report, the Cabinet accepted the following recommendations:

(1)   That the Treasury Management Policy Statement 2009/10 as set out in Appendix 1 to the report be approved.

(2)    That the Treasury Management Practices 2009/10 as set out in Appendix 2 to the report be approved.

(3)    That the Schedules to the Treasury Management Practices 2009/10 as set out in Appendix 3 to the report be approved.