Agenda item

The Head of Finance gave a briefing on the report and explained that it was a statutory requirement to produce the report.

RESOLVED:

1.    The Authority approved the Treasury Management Policy Statement as given in Appendix 1 of the report

2.    The Authority approved the Annual Treasury Management and Investment Strategy as set out in Appendix 2 of the report with specific approval of the Prudential Indicators and borrowing limits (paragraphs 5-13) and the policy on Minimum Revenue Provision (paragraphs 14-15), and adopts the Investment Strategy of North Yorkshire County Council (Appendix 3 of the report).

The meeting adjourned for a short comfort break at 11.10am and reconvened at 11.15am.