The Committee
considered the report of the Head of Finance and Customer Services
setting out the draft Treasury Management Strategy for 2011/12
– 2013/14, including a series of Treasury and Prudential
Indicators, in accordance with CIPFA’s Code of Practice on
Treasury Management issued in November 2009.
In response to a
question raised by a Member, the Head of Finance and Customer
Services advised that training on the Treasury Management Strategy
would be organised for both Cabinet and this Committee.
The Head of Finance
and Customer Services explained the current revenue and capital
balances and the main uses of those balances following a request
from a Member.
RESOLVED:
1.
That the Cabinet be recommended to agree the Treasury Management
Strategy 2011/12 – 2013/14.
2.
That training be given to the Cabinet
and the Audit Committee on the Treasury Management Strategy.