Decision details
Investment Strategy 2020/21
Decision Maker: Director - Corporate Services
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
The report sets out the council’s proposed strategy for its service and commercial investments in 2020/21 to be approved by the Director of Corporate Services.
Decision:
RESOLVED:
1. That the 2020/21 Investment Strategy, including the Investment Indicators, set out in the appendix to the report, be approved.
REASONS FOR DECISION:
a) The Council must have regard to both CIPFA’s Prudential Code for Capital Finance in Local Authorities and the Ministry for Housing Communities and Local Government Investment Guidance when carrying out its duties under Part 1 of the Local Government Act 2003.
b) The Council is required to approve an Investment Strategy for the forthcoming year.
Publication date: 27/03/2020
Date of decision: 27/03/2020
Accompanying Documents: