Contents
Report 9 for the 08 Mar 01 meeting of the MPA Committee and discusses the Treasury Management Strategy for 2001/02 and the proposed borrowing limits.
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Treasury management strategy 2001/02
Report: 9
Date: 8 March 2001
By: Treasurer
Summary
The Treasury Management Strategy for 2001/02 has been approved by the Finance, Planning and Best Value Committee. The Authority is asked to formally adopt the proposed borrowing limits.
A. Recommendation
To adopt the borrowing limits set out in paragraph 21 of the attached report - Appendix 1.
B. Supporting information
1. At is meeting on 20 February the Finance, Planning and Best Value Committee considered a report by the Treasurer on the Treasury Management Strategy for 2001/02.
2. The Committee approved the strategy set out in the report. The Committee also received information on the borrowing limits and noted that under the relevant legislation these limits cannot be delegated to a committee or officer. It was accordingly agreed to recommend that the Authority approve the borrowing limits as set out in paragraph 21 of Appendix 1.
C. Financial implications.
See Appendix 1.
D. Background papers
None.
D. Contact details
The author of this report is Peter Martin, MPA.
For information contact:
MPA general: 020 7202 0202
Media enquiries: 020 7202 0217/18
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