To consider the submitted report on the above and any recommendations of the Audit Committee.

The Council received the Treasury Management Strategy for 2019/20 as set out in the submitted report.  Members noted the strategy aimed to support the provision of all Council services through the management of the Council’s cash flow, debt and investment operations.

Elected Mayor Oliver proposed and Councillor Mills seconded a motion, which was agreed by the Council as set out below:

that Council approve:

·         the Treasury Management Strategy for 2019/20 (incorporating the Annual Investment Strategy 2019/20);

·         the Prudential Indicators 2019/20;

·         the Annual Minimum Revenue Provision Policy Statement for 2019/20; and

·         adoption of the CIPFA Code of Practice: Treasury Management in the Public Services

as set out in the Appendices to the submitted report.