Decision - Annual Investment Strategy 2011/12
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Decision details
Annual Investment Strategy 2011/12
Decision Maker: Cabinet (pre 2012)
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Cabinet recommends annual investment strategy
for forthcoming year and Council approves strategy
Decision:
(1) That Cabinet agrees the Annual Investment Strategy 2011/12 as set in Appendix 1 to this report; and recommends Council to approve the Strategy at the meeting on 24 March 2011.
Reasons for the decision:
Guidance issued under the Local Government Act 2003 requires the council to approve an annual investment strategy. This report fulfils that requirement.
Alternative options considered:
This report sets out the council’s annual investment strategy for the year commencing 1 April 2011. The AIS continues with the strong emphasis on risk management and liquidity, two cornerstones to the draft guidance issued by the Secretary of State and the impact these have on investment performance.
Report author: Peter Sargent
Publication date: 17/03/2011
Date of decision: 17/03/2011
Decided at meeting: 17/03/2011 - Cabinet (pre 2012)
Effective from: 25/03/2011
Accompanying Documents:
PDF 95 KB