Issue - meetings

To consider the recommendations from the meeting of the Audit Board held on 11th April 2011 on the following item (the full Audit Board report is enclosed for information as part of the Council agenda book)

• Treasury Management Strategy Statement and Investment Strategy 2011/12 to 2013/14

The recommendations from the Audit Board were moved by Councillor S. R. Peters and seconded by Councillor B. Lewis F.CMI.

RESOLVED:

(a)         that the Treasury Management Strategy Statement and Investment Strategy 2011-2012 to 2013-2014 as set out in Appendix 1 to the report be approved; and

(b)         that the Council approve an unlimited level for investment in Debt Management Account Deposit Facility (DMADF).