Agenda item

The report which asked Members to approve an over-arching Treasury Management Policy Statement and an Annual Treasury Management and Investment Strategy, was introduced by the Head of Finance.

The recommendations set out in the report were moved, seconded, put to the vote and carried.

RESOLVED

1.    That the Authority approves the Treasury Management Policy Statement in Appendix 1 of the report.

2.    That the Authority approves the Annual Treasury Management and Investment Strategy in Appendix 2 of the report, with specific approval of the Prudential Indicators and borrowing limits (paragraphs 6 to 13), and the policy on Minimum Revenue Provision (paragraphs 14 and 15), and adopts the Investment Strategy of North Yorkshire Council (Appendix 3 – NYC Section 4 Annual Investment Strategy and associated Appendices at Section 5).