Agenda item

To receive and consider the report of the Town Clerk/RFO regarding the annual review of the Council’s Investment Strategy for 2020-21

The Committee received and considered the report of the Town Clerk/RFO.  She advised that the strategy was standard for the sector.

RECOMMENDED:             that the report be noted:

1.                  that the current investment in secure banks and the Town Clerk/RFO continues to monitor interest rates to ensure that the Council receives the most advantageous interest rates be approved;

2.                  that the attached appendix being the Annual Investment Strategy 2020/21 be formally approved by the Committee, and subsequently full Council on 7 December 2020.