Examples of Minimum Revenue in a sentence
It was resolved to RECOMMEND TO COUNCIL: That Council approve:• The 2017/18 Treasury Management Strategy;• The Annual Investment Strategy;• The Minimum Revenue Provision Policy Statement;• The Prudential and Treasury Indicators; as set out in Appendix 1 to the submitted report.
This would also have a revenue impact due to the need to make Minimum Revenue Provision and to fund interest costs and would therefore need to be considered carefully to ensure it is affordable.
Risk: The Council’s Minimum Revenue Policy charges an insufficient amount to the Revenue Estimates to repay debt.Mitigation: Align the Minimum Revenue Policy to the service benefit derived from the Council’s assets.
Attached to the report was the Minimum Revenue Provision Statement 2018/19 and the impact this would have on the revenue budget.
The Committee considered a report (reference R188, previously circulated) containing the 2017/18 Treasury Management Strategy, Minimum Revenue Provision (MRP) Policy Statement and Annual Investment Strategy (AIS).