Decision details

RESOLVED

KEY DECISION

That the Executive

a)    Noted the activity undertaken during the first half of the financial year ended 30^th September 2022 and the performance achieved as 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 Treasury Management Strategy Statement 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: This report is for information and there are no alternative options for consideration.