Decision details

Council considered the following recommendations from Cabinet.  

(1)       Office accommodation

Council considered Cabinet’s recommendation, made at its meeting on 7 February 2014, to approve a revenue virement to cover the Abbey House refurbishment costs. 

RESOLVED: to approve a revenue virement for £170,000 from identified underspending budgets in 2013/14 to cover the refurbishment costs of Abbey House, Abingdon. 

(2)       Treasury management mid-year monitoring report 2013/14

Council considered Cabinet’s recommendation, made at its meeting on 7 February 2014, on the treasury management mid-year monitoring report.

RESOLVED: to approve the head of finance’s report. 

(3)       Treasury management and investment strategy 2014/15

Council considered Cabinet’s recommendation, made at its meeting on 7 February 2014, on the treasury management strategy, the annual investment strategy and the prudential indicators. 

RESOLVED: to

(a)               approve the treasury management strategy 2014/15 as set out in Appendix A to the head of finance’s report;

(b)               approve the prudential indicators and limits for 2014/15 to 2016/17 as set out in table 2, appendix A to the report;

(c)               approve the annual investment strategy 2014/15 set out in appendix A to the report and the lending criteria detailed in table 5. 

(4)       Budget 2014/15

Council noted that Cabinet budget recommendations were set out in agenda item 10.