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
Purpose:
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.
Decisions:
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.
Reasons
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:
- TM Stewardship 21-22 Half year report 22-23 Cabinet 13 December 2022 PDF 237 KB View as HTML (1) 30 KB
- Appendix A Treasury Management PDF 571 KB View as HTML (2) 108 KB
- Appendix B Treasury Management PDF 355 KB View as HTML (3) 40 KB
- Appendix C Treasury Management PDF 547 KB View as HTML (4) 85 KB
- Appendix D Treasury Management PDF 547 KB View as HTML (5) 123 KB