Issue - items at meetings - Annual Investment Strategy 2009/10
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Annual Investment Strategy 2009/10
Meeting: 12/03/2009 - Cabinet (pre 2012) (Item 188)
188 Annual Investment Strategy 2009 / 10 PDF 83 KB
Report of the Interim Director of Finance & Resources (copy attached)
Additional documents:
- Item 188 Annual Investment Strat apdx 1, item 188 PDF 128 KB View as HTML (188/2) 87 KB
- Item 188 Annual Investment Strat apdx 2, item 188 PDF 66 KB View as HTML (188/3) 178 KB
- Cabinet meeting report for Annual Investment Strategy
- Webcast for Annual Investment Strategy 2009 / 10
Decision:
(1) That the Annual Investment Strategy 2009/10 as set in Appendix 1 to the report be approved.
(2) To recommend that Council to approve the Strategy at its meeting on 19 March 2009.
Minutes:
188.1 The Cabinet considered a report of the Interim Director of Finance & Resources that provided information regarding The Local Government Act 2003 that had introduced a prudential capital finance system whereby levels of borrowing and investments were decided locally by each council (for copy see minute book).
188.2 RESOLVED - That, having considered the information and the reasons set out in the report, the Cabinet accepted the following recommendations:
(1) That the Annual Investment Strategy 2009/10 as set in Appendix 1 to the report be approved.
(2) To recommend that Council to approve the Strategy at its meeting on 19 March 2009.