Decision details

Capital Investment Strategy (Non-Treasury) 2020-2025

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek approval for an updated investment strategy previously approved by the Shadow Executive.

Decision:

RESOLVED that:-

(a)          the Capital Investment Strategy (Non-Treasury) 2020-2025 attached to the Report at Appendix A be approved; and

(b)          Cabinet delegate authority to the Corporate Property Officer to make minor amendments to the Capital Investment Strategy (Non-Treasury) 2020-2025 in consultation with the Cabinet Members for Regeneration & Culture, and Finance.

Voting: Unanimous

Portfolio Holder(s): Finance

                               Regeneration and Culture

Reasons

The purchase of investment assets assists with the management of sound finances and increases the Council asset base, providing a legacy for future generations.

It is appropriate that this Strategy is refreshed to ensure it aligns with the new BCP Council Corporate Strategy and reflects the current investment ambitions of the organisation.

Report author: Sarah Longthorpe

Publication date: 20/03/2020

Date of decision: 18/03/2020

Decided at meeting: 18/03/2020 - Cabinet

Effective from: 28/03/2020

Accompanying Documents: