Decision details

Treasury Management Annual Report 2021/22 and mid-year report 2022/23

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


To consider a report on the review of Treasury Management performance for 2021/22 and the outturn for the first six months of 2022/23, including the economic factors affecting performance, the Prudential Indicators and compliance with the limits set within the Treasury Management Strategy.


31.1     The Cabinet considered a report by the Chief Operating Officer.

31.2     It was RESOLVED to:

1)            Note the Treasury Management performance in 2021/22, incorporating the Mid-Year Review for the first half of 2022/23.

31.3     The report fulfils the requirement to submit an annual/half yearly report in the form prescribed in the Treasury Management Code of Practice. Short term lending throughout the 18 month period covered achieved returns between 0.35% and 1.40%. The key principles of security, liquidity and yield are still relevant. Officers are currently investigating further opportunities within the strategy to increase investment income whilst minimising costs and maintaining security, in a period of significant uncertainty.

Report author: Ian Gutsell

Publication date: 13/12/2022

Date of decision: 13/12/2022

Decided at meeting: 13/12/2022 - Cabinet

Effective from: 20/12/2022

Accompanying Documents: