Issue details

This report considers the draft Treasury Management Strategy Statement and Prudential Indicators for 2013/14, prior to its submission to the Council for approval.

Members will be aware that the Local Government Act 2003 and subsequent regulations have introduced the “Prudential” framework that has governed the capital financing and treasury management arrangements of local authorities since 1 April 2004.

The regulations require each Council to prepare and formally approve both an annual treasury management strategy and Prudential Indicators.  The document for 2013/14 is attached as Appendix A for consideration by the Executive before being submitted to Council for approval.