Decision details

RESOLVED:  That

(1)            the Treasury Management Mid-Year Review for 2021/22, be noted; and

(2)            the report be referred to the Governance, Audit, Risk Management and Standards Committee for review.

Reason for Decision:

a)              To promote effective financial management and comply with regulations issued under the Local Government Act 2003, the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Practice on Treasury Management, and the CIPFA Prudential Code for Capital Finance, along with meeting the requirements of the Council’s Financial Regulations.

b)              To keep Members informed of Treasury Management activities and performance to date for 2021/22.

Alternative Options Considered and Rejected:  As set out in the report.

Conflict of Interest relating to the matter declared by Cabinet Member/Dispensation Granted:  None.