Issue - meetings

The Chief Finance Officer to present a report which provides an update on Treasury Management activities for the period 1 April 2021 to 30 September 2021.

Resolved:  (i)      That the Treasury Management activities to date in 2021/22 be noted.

                   (ii)      That the Prudential Indicators set out in Annex A to the report, and the compliance with all indicators, be noted.

Reason:     to ensure the continued performance of the Council’s Treasury Management function.

The Chief Finance Officer presented a report which provided an update on Treasury Management activity for the period 1 April 2021 to 30 September 2021.

The report, prepared in compliance with CIPFA’s Code of Practice on Treasury Management, provided: an economic update for the first part of the 2021/22 financial year; a review of the Treasury Management Strategy Statement and Annual Investment Strategy; the prudential indicators; reviews of the council’s investment portfolio and borrowing strategy; and a review of compliance with the Treasury and Prudential Limits. 

It was confirmed that during the financial year to date, the council had operated within the treasury limits and Prudential Indicators, as set out in the report and Annex A.

Resolved:  (i)      That the Treasury Management activities to date in 2021/22 be noted.

                   (ii)      That the Prudential Indicators set out in Annex A to the report, and the compliance with all indicators, be noted.

Reason:     to ensure the continued performance of the Council’s Treasury Management function.