Decision details

RESOLVED:

That the Executive:

a)        Noted the treasury management outturn report detailing the activity undertaken during the financial year ended 31^st March 2022 and the performance achieved set out in Appendix A to this report; and

b)        Noted that all treasury activities were undertaken in line with the approved Treasury Management Strategy/Annual Investment Strategy

Reason for Recommendations: The Council’s TMSS is underpinned by the CIPFA Code of Practice on Treasury Management (“the Code”) which requires that members are informed of treasury management activities at least twice a year.  Full Council has delegated the formulation and monitoring of the Council’s treasury management strategy, policy, and activity to the Executive Committee.

Alternative Options Considered:  There are no alternative options to be considered for this report, which is for noting only