Decision Maker: Executive, Council
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The Executive considered an investment strategy report for 2020/21, which met the requirements of statutory guidance issued by the government in January 2018.
Members were reminded that the Council invested money for two broad purposes, namely because it had surplus cash as a result of its day-to-day activities, known as treasury management investments, or in order to earn investment income. The strategy focused on the second of these categories.
RECOMMENDED to Full Council that the Investment Strategy, as set out at Annex A to the agenda report, be agreed.
Report author: Kelvin Menon
Publication date: 12/03/2020
Date of decision: 18/02/2020
Decided at meeting: 18/02/2020 - Executive