This report outlines the Council’s
prudential indicators for 2023/24 – 2025/26 and sets out the
treasury strategy for this period. It fulfils three key reports
required by the Local Government Act 2003:
• reporting prudential indicators required by the CIPFA
Prudential Code for Capital Finance in Local Authorities;
• a treasury management strategy in accordance with the CIPFA
Code of Practice on Treasury Management;
• an investment strategy in accordance with the DLUHC
investment guidance.
It also fulfils the statutory duty to approve a minimum revenue
policy (MRP) statement for 2023/24.
Decision type: Significant
Decision status: For Determination
Wards affected: (All Wards);
Notice of proposed decision first published: 05/08/2022
Decision due: 7 Feb 2023 by Audit and Standards Committee
Lead director: Strategic Director of Resources
Contact: Graham Bailey, Principal Accountant Email: graham.bailey@stroud.gov.uk.
Implications: Financial report - financial implications set out within the report. Environmental - includes an ethical investment policy
Decision: The Audit and Standards Committee RECOMMEND that Council: 1. adopt the prudential indicators and limits for 2023/24 to 2025/26; 2. approve the Treasury Management Strategy 2023/24, and the treasury prudential indicators; 3. approve the Investment Strategy 2023/24, and the detailed criteria for specified and non-specified investments; and 4. approve the MRP Statement 2023/24 5. approve the Ethical Investment Policy