Agenda item

It was moved by Councillor Anderson,

Seconded by Councillor Swindlehurst,

“That the Treasury Management Strategy (TMS) for 2023/24 to 2027/28 be approved, including:

  i.  Minimum Revenue Provision Policy Statement for 2023/24 (Appendix 1)

  ii.  Annual Investment Strategy for 2023/24 (Appendix 2)

  iii.  Approved Counterparty List (Appendix 3)

  iv.  Approved Countries for Investments (Appendix 4)

  v.  the Prudential Indicators for the period 2023/24 to 2025/26 (Section 4 of the TMS)”

The recommendation was 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 recommendation:-

Councillors Ajaib, Akbar, Akram, Ali, Anderson, Bains, Basra, Begum, Brooker, Carter, Cheema, J.Davis, Gahir, Gill, Grewal, Hulme, Kaur, M.Malik, Mann, Matloob, Nazir, Pantelic, S.Parmar, Qaseem, Sabah, Sandhu and Swindlehurst……………………………………………………………….…….  27

There abstained from voting:

Councillors M.Bedi, P.Bedi Dar, Kelly, Smith, Strutton, Wright and The Worshipful, The Mayor Councillor D.Parmar………………………………….. 8

Resolved –  That the Treasury Management Strategy (TMS) for 2023/24 to 2027/28 be approved, including:

  i.  Minimum Revenue Provision Policy Statement for 2023/24 (Appendix 1)

  ii.  Annual Investment Strategy for 2023/24 (Appendix 2)

  iii.  Approved Counterparty List (Appendix 3)

  iv.  Approved Countries for Investments (Appendix 4)

  v.  the Prudential Indicators for the period 2023/24 to 2025/26 (Section 4 of the TMS)