A report by the Interim Director of Finance set out the Medium Term Financial Strategy 2013-2016.  The Cabinet noted that it was a strategic, financial document that set out the Council’s financial approach for the planning period 2013/14 to 2015/16.  It also incorporated the Treasury Management and Investment Strategy for 2013/2016 in accordance with the CIPFA Code of Practice for Treasury Management in Public Services. 

RESOLVED: That

(1)  the Treasury Management and Investment Strategy for 2013/2016 be approved;

(2)  the Prudential Indicators be adopted;

(3)  the Council’s Minimum Revenue Provision Policy be approved;

(4)  those Council Officers listed within Appendix F to the report on the Treasury Management and Investment Strategy Statement, be authorised to approve payments from the Council’s bank accounts for all treasury management activities;

(5)  the Medium Term Financial Strategy be approved; and

(6)  regular updates  on the Medium Term Financial Strategy be reported to the Cabinet.