Decision details

Treasury Management Annual Report & Mid-Year Report

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 2022/23 and the outturn for the first six months of 2023/24, including the economic factors affecting performance, the Prudential Indicators and compliance with the limits set within the Treasury Management Strategy.

 

Decisions:

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

33.2     The Cabinet RESOLVED to note the Treasury Management performance in 2022/23, incorporating the Mid-Year Review for the first half of 2023/24.

Reason

33.3     The report fulfils the requirement to submit an annual/half yearly report in the form prescribed in the Treasury Management Code of Practice. 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.

Publication date: 12/12/2023

Date of decision: 12/12/2023

Decided at meeting: 12/12/2023 - Cabinet

Effective from: 19/12/2023

Accompanying Documents: