A Cambridge City Council website

Cambridge City Council

Council and democracy

Home > Council and Democracy > Issue

Issue - meetings

Executive Councillor for Finance and Resources: Treasury Management Strategy Statement Report 2021/22 to 2023/24

Meeting: 25/02/2021 - Council (Item 5)

5 Executive Councillor for Finance and Resources: Treasury Management Strategy Statement Report 2021/22 to 2023/24 pdf icon PDF 183 KB

Additional documents:

Minutes:

Resolved (unanimously):

 

i.       Approved this report including the estimated Prudential & Treasury Indicators for 2021/22 to 2024/25 (inclusive) as set out in Appendix C of the officer’s report.

ii.       Authorised the increase in the limit for external debt from £400 million to £450 million on 1 April 2022, and to £550 million on 1 April 2023, in order to provide sufficient headroom for external borrowing to finance the HRA new build programme in accordance with the HRA capital plan.