Motion status:Carried
That Council:
a) Adopt the Minimum Revenue Provision Policy (paragraph 32 – 34);
b) Adopt the Prudential and Treasury Indicators (paragraphs 24 – 31, 40 – 49 and Appendix A);
c) Adopt the Annual Investment Strategy (paragraph 77 onwards), including the ratification of the adjustment of the minimum requirement for high credit quality, the limits for certain counterparties and the ability to invest in the CCLA property fund;
d) Delegate to the Director of Finance and Procurement the authority to vary the amount of borrowing and other long-term liabilities within the Treasury Indicators for the Authorised Limit and the Operational Boundary;
e) Authorise the Director of Finance and Procurement to agree the restructuring of existing long-term loans where savings are achievable or to enhance the long-term portfolio;
f) Agree that short term cash surpluses and deficits continue to be managed through temporary loans and deposits;
g) Agree that any surplus cash balances not required to cover borrowing are placed in authorised money-market funds, particularly where this is more cost effective than short term deposits and delegate to the Interim Director of Finance and Procurement the authority to select such funds.
Vote | Councillors | Count |
---|---|---|
For | Cllr Phil Alford, Cllr Chuck Berry, Cllr Ian Blair-Pilling, Cllr Richard Britton, Cllr Allison Bucknell, Cllr Clare Cape, Cllr Trevor Carbin, Cllr Pauline Church, Cllr Richard Clewer, Cllr Mark Connolly, Cllr Brian Dalton, Cllr Jane Davies, Cllr Andrew Davis, Cllr Matthew Dean, Cllr Sarah Gibson MP, Cllr Gavin Grant, Cllr Howard Greenman, Cllr Ross Henning, Cllr Sven Hocking, Cllr Jon Hubbard, Cllr Peter Hutton, Cllr Simon Jacobs, Cllr George Jeans, Cllr Gordon King, Cllr Edward Kirk, Cllr Jerry Kunkler, Cllr Jacqui Lay, Cllr Dr Brian Mathew, Cllr Laura Mayes, Cllr Ian McLennan, Cllr Dr Nick Murry, Cllr Ashley O'Neill, Cllr Stewart Palmen, Cllr Horace Prickett, Cllr Pip Ridout, Cllr Ricky Rogers, Cllr Tom Rounds, Cllr Jonathon Seed, Cllr James Sheppard, Cllr Ian Thorn, Cllr Bridget Wayman, Cllr Stuart Wheeler, Cllr Philip Whitehead, Cllr Christopher Williams, Cllr Graham Wright and Cllr Robert Yuill | 46 |
Against | Cllr Mary Champion | 1 |
Abstain | None | 0 |
Conflict Of Interests | None | 0 |
Non-voting | Cllr Johnny Kidney, Cllr Christopher Newbury and Cllr Paul Oatway QPM | 3 |
Not Present | None | 0 |