This resource is from the Committees section. This is report 12 of the 27 Feb 03 meeting of the MPA Committee and following a report on the Treasury Management Strategy to the Finance Committee on on 13 February this report seeks approval from the Full Authority.

Sections available here:

• Treasury management strategy 2003/04
  • Summary
  • A. Recommendation
  • B. Supporting information
  • C. Equality and diversity implications
  • D. Financial implications
  • E. Background papers
  • F. Contact details

Treasury management strategy 2003/04

Report: 12
Date: 27 February 2003
By: Clerk

Summary

The Finance Committee at its meeting on 13 February considered a report on the Treasury Management Strategy. The Strategy was approved and a recommendation relating to the proposed borrowing limits was referred to the Authority for formal adoption.

A. Recommendation

That the Authority adopts the borrowing limits as set out in recommendation 2 in the attached report by the Treasurer.

B. Supporting information

1. At its meeting on 13 February the Finance Committee received a report by the Treasurer on the Treasury Management Strategy for 2003/04. This is attached as appendix 1.

2. The Committee approved the strategy as set out in the report and also supported the borrowing limits set out at paragraph 22. The borrowing limits are referred to the Authority for formal approval.

C. Equality and diversity implications

There are no equality and diversity implications arising from this report.

D. Financial implications

These are set out in the attached report.

E. Background papers

None.

F. Contact details

Report author: John Crompton, MPA

For more information contact:

MPA general: 020 7202 0202
Media enquiries: 020 7202 0217/18

This following are available as MPA web pages:

• Appendix 1
  Finance Committee 13 February 2003 report 9 - Treasury management strategy 2003/04