Skip to main content

Agenda item

Capital, Investment and Treasury Management Strategies for 2021/22


The Chief Finance Officer introduced the report, explaining that these strategies were part of the budget setting process and supported the financial strategy of the council.            


During discussion issues were raised, such as, reduced government funding, reserves earmarked for specific items specifically, delivering charging points across the district, light railway option from Cirencester to Kemble, charges for waste containers, disabled facilities grants, recovery investment from Covid-19, money set aside for devolution and broadband, commercial activities, current running yield or purchase yield, ensure the Council had skills and experience to invest in properties, treasury management and opportunities for potential future borrowing, concern relating to corporate bonds, in relation to this officers explained that they worked closely to do due diligence with Arlingclose,


RESOLVED that feedback from the Audit Committee, on the draft Capital, Investment and Treasury Management Strategies for 2021/22 was provided to the Cabinet for consideration as part of the Council’s budget setting process.


The meeting adjourned at 18.30 and resumed at 18.40


Supporting documents: