Issue - meetings
Treasury Management Update and Treasury Management and Annual Investment Strategy for 2022/23
Meeting: 22/02/2022 - Council (Item 21)
Due to the timescale and print deadlines, the recommendations of the meeting of Cabinet held on 10 February 2022 will be circulated to Members in advance of the meeting of Council.
Additional documents:
- Recommendations from Audit Committee of 24 January 2022, item 21 PDF 98 KB
- Report of Director of Finance and Transformation, item 21 PDF 188 KB
- 01 Annex 1 Investment summary 31 December 2021, item 21 PDF 110 KB
- 02 Annex 2 Lending list 31 December 2021, item 21 PDF 100 KB
- 03 Annex 3 Benchmarking September 2021, item 21 PDF 102 KB
- 04 Annex 4 Treasury Managment Estimate 2223, item 21 PDF 93 KB
- 05 Annex 5 Treasury Management and Annual Investment Strategy 2022-23, item 21 PDF 680 KB
- 06 Annex 6 Non-treasury Management Practices, item 21 PDF 176 KB
- Recommendation CB 22-25, item 21 PDF 6 KB
Minutes:
Item CB 22/25 referred from the Cabinet minutes of 10 February 2022.
RESOLVED: That the recommendations at Minute CB 22/25 be approved.
Meeting: 10/02/2022 - Cabinet (Item 25)
Item AU 22/6 referred from Audit Committee of 24 January 2022
Additional documents:
- Report of Director of Finance and Transformation, item 25 PDF 188 KB
- 01 Annex 1 Investment summary 31 December 2021, item 25 PDF 110 KB
- 02 Annex 2 Lending list 31 December 2021, item 25 PDF 100 KB
- 03 Annex 3 Benchmarking September 2021, item 25 PDF 102 KB
- 04 Annex 4 Treasury Managment Estimate 2223, item 25 PDF 93 KB
- 05 Annex 5 Treasury Management and Annual Investment Strategy 2022-23, item 25 PDF 680 KB
- 06 Annex 6 Non-treasury Management Practices, item 25 PDF 176 KB
Minutes:
Consideration was given to the recommendations of the Audit Committee meeting held on 24 January 2022 (AU 22/6).
RECOMMENDED: That
(1) the treasury management position as at 31 December 2021 be noted; and
(2) the Treasury Management and Annual Investment Strategy for 2022/23, as set out Annex 5 to the report, be commended to Council for adoption.
*Referred to Council
Meeting: 24/01/2022 - Audit Committee (Item 6)
The report provides details of investments undertaken and return achieved in the first nine months of the current financial year and an introduction to the 2022/23 Treasury Management and Annual Investment Strategy. Members are invited to recommend adoption of the Strategy to Cabinet.
Additional documents:
- 01 Annex 1 Investment summary 31 December 2021, item 6 PDF 110 KB
- 02 Annex 2 Lending list 31 December 2021, item 6 PDF 100 KB
- 03 Annex 3 Benchmarking September 2021, item 6 PDF 102 KB
- 04 Annex 4 Treasury Managment Estimate 2223, item 6 PDF 93 KB
- 05 Annex 5 Treasury Management and Annual Investment Strategy 2022-23, item 6 PDF 680 KB
- 06 Annex 6 Non-treasury Management Practices, item 6 PDF 176 KB
Minutes:
The report of the Director of Finance and Transformation provided details of investments undertaken and return achieved in the first nine months of the current financial year. In addition, it provided an introduction to the 2022/23 Treasury Management and Annual Investment Strategy (attached at Annex 5), which reflected the current economic environment, Link Asset Services’ latest interest rate forecast and incorporated the risk parameters summarised in the report.
RECOMMENDED: That
(1) the treasury management position as at 31 December 2021 be noted; and
(2) the Treasury Management and Annual Investment Strategy for 2022/23, as set out at Annex 5 to the report, be commended to Council for adoption.
*Referred to Cabinet