Agenda item

It was moved by Councillor Anderson,

Seconded by Councillor Swindlehurst,

a.  “That the Treasury Management Strategy (TMS) for 2022/23 be approved including:

  i.  the Annual Investment Strategy for 2022/23 (Appendix 2)

  ii.  Minimum Revenue Provision Policy Statement for 2022/23 (Appendix 1)

  iii.  the Prudential Indicators for the period 2022/23 to 2024/25 (Section 4)

b.  That the MRP policy as set out in the TMS for 2022/23 shall also apply for the financial year 2021/22.”

The recommendations were put and carried and, in accordance with the Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014, a record of the vote was taken as follows:-

There voted for the recommendations:-

Councillors Ajaib, Akram, Anderson, Bains, Bal, Begum, Brooker, Carter, A.Cheema, H.Cheema, Dar, Gahir, Gill, Grewal, Hulme, Kaur, Malik, Mann, Matloob, Minhas, Mohammad, Pantelic, S.Parmar, Qaseem, Sabah, Sharif and Swindlehurst  ……….…………………………………………………………….  27

There abstained from voting:

Councillors Kelly, D.Parmar, Smith, Strutton, Wright and The Worshipful, The Mayor Councillor Nazir  …………………………………..……………………….  6

Resolved  -

a)  That the Treasury Management Strategy (TMS) for 2022/23 be approved including:

  i.  the Annual Investment Strategy for 2022/23 (Appendix 2)

  ii.  Minimum Revenue Provision Policy Statement for 2022/23 (Appendix 1)

  iii.  the Prudential Indicators for the period 2022/23 to 2024/25 (Section 4)

b)  That the MRP policy as set out in the TMS for 2022/23 shall also apply for the financial year 2021/22.