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Recommend the report to Council, which includes the Council's estimated Prudential and Treasury Indicators 2020/21 to 2023/24. Also, to revise any counterparty limits as applicable.
Decision type: Key
Reason Key: Expenditure > £300,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 26/08/2020
Decision due: 5 Oct 2020 by Executive Councillor for Transformation
Lead member: Executive Councillor for Transformation
Department: Finance
Contact: Caroline Ryba, Chief Financial Officer Email: caroline.ryba@cambridge.gov.uk.
Additional Information: This is a key item and will automatically appear on the agenda.
Background Information: The Council is required to comply with the CIPFA Prudential Code (December 2017 edition) and the CIPFA Treasury Management Code of Practice (Revised December 2017). The Council is required to set and monitor prudential and treasury indicators, including an Authorised Limit for borrowing, for a three year period and should ensure that its capital plans are affordable, prudent and sustainable.
