Author and Job Role: Kelvin Menon
Protective Marking: OFFICIAL
Executive Summary:
The PCC is asked to approve the Treasury Management and MRP Statement and the Capital Strategy agreed at the Joint Audit Committee meeting on the 25th April 2023.
Background
The PCC has legal responsibility for all the Force/OPCC assets. This not only includes physical assets but also Treasury investment and borrowing. These two strategies set out how these areas will be managed in terms of Governance.
Recommendation
It is recommended that the PCC approves the Treasury and MRP Statement the Capital Strategy and that they be placed on the website.
Police and Crime Commissioner Approval
I approve the recommendation(s):
Signature: PCC Lisa Townsend (wet signed copy held in OPCC)
Date: 16 May 2023
All decisions must be added to the decision register.
Areas of consideration
Consultation
The JAC has been consulted on these papers.
Financial implications
These are taken account of in the statements.
Legal
The papers complies with the Prudential code.
Risks
It is a requirement of the prudential code to approve a Treasury, MRP and Capital strategy.
Equality and diversity
No implications
Risks to human rights
No implications