Contents
Report 9 of the 21 Mar 02 meeting of the MPA Committee and discusses the Treasury Management Strategy, which was considered by the Finance, Planning and Best Value Committee.
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Treasury management strategy 2002/03
Covering Report: 9
Date: 21 March 2002
By: Clerk
Summary
The Finance, Planning and Best Value Committee at its meeting on 21 February considered a report on the Treasury Management Strategy. Recommendations relating to the introduction of a new Code of Practice and proposed borrowing limits were referred to the Authority.
A. Recommendations
That the Authority adopts recommendations 2 and 3 in the attached report by the Treasurer.
B. Supporting information
1. At its meeting on 21 February the Finance, Planning and Best Value Committee received a report by the Treasurer on the Treasury Management Strategy. This is attached as annex A.
2. The Committee approved the strategy as set out in the report and also supported (i) the new Chartered Institute of Public Finance and Accountancy code of practice recommendations set out in appendix 1 and (ii) the borrowing limits set out at paragraphs 24 and 25. These items are referred to the Authority for formal approval.
C. Financial implications
These are set out in the attached report.
D. Background papers
None.
E. Contact details
Report author: John Crompton, MPA.
For information contact:
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