Decision details

Joint Treasury Management Strategy Statement and Annual Investment Strategy 2024/25 to 2026/27 for Adur District Council and Worthing Borough Council

DECISIONS CAN BE IMPLEMENTED AT 5PM ON THE DAY THAT A CALL-IN EXPIRES. DECISIONS MAY BE ENACTED AFTER 5PM ON THE DAY PRIOR TO THE DATE INDICATED BELOW IN THE 'EFFECTIVE FROM' COLUMN

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

Before the Committee was a report by the Director for Sustainability and Resources, copies of which had been circulated to all Members and a copy of which is attached to the signed copy of these minutes as Item 7.

 

This report asked Members to approve and adopt the contents of the Treasury Management Strategy Statement and Annual Investment Strategy for 2025/26 to 2027/28 for Adur and Worthing Councils, as required by regulations issued under the Local Government Act 2003.

 

Decision:

 

1.    That the Treasury Management Strategy Statement and AIS for 2025/26 to 2027/28, incorporating the Prudential Indicators and Limits, and MRP Statements be approved and adopted. Including the proposed changes to specified investment limits as detailed in 6.1.3.

 

2.    That the Prudential Indicators and Limits, and MRP Statements of the report  be forwarded for approval by Worthing Council at its meeting on 25 February 2025, and by Adur Council at its meeting on 20 February 2025.

 

Call In: The call-in deadline for decisions will be 5.00pm on 18 February 2025

 

There are no call-ins for those recommendations to Council

Publication date: 11/02/2025

Date of decision: 06/02/2025

Decided at meeting: 06/02/2025 - Joint Strategic Committee

Effective from: 19/02/2025

Accompanying Documents: