Issue - meetings

This report provides an update on treasury management activities for the first half of the financial year 2022-23.

Members are asked to note that the report was noted by Cabinet on 16 January 2023 and has been referred on to Council for consideration in compliance with CIPFAs Code of Practice on Treasury Management.

Council RESOLVED to note the 2022-23 Mid-Year Treasury report in compliance with the Council’s Treasury Management indicators and CIPFA’s Code of Practice on Treasury Management (the Code).

The Mayor then invited Councillor Mili Patel, Deputy Leader and Cabinet Member for Finance, Resources & Reform, to introduce the report from the Corporate Director of Finance & Resources updating members on Treasury Management activity for the first half of the 2022-23 financial year. Members noted that the report had also been considered and agreed by the Audit and Standards Advisory Committee on 7 December 2022 and Cabinet on 16 January 2023 who had agreed to refer it on to Council for consideration in compliance with the CIPFA Code of Practice on Treasury Management.

In introducing the report, Councillor Mili Patel confirmed that the Council was continuing to operate in compliance with the Treasury Management Indicators for 2022-23, as detailed within Appendix 1 of the report.

As no other members indicated they wished to speak, and Councillor Mili Patel had confirmed she did not need to exercise her right of reply the Mayor then put the recommendations in the report to the vote and they were unanimously declared CARRIED.

It was therefore RESOLVED to note the 2022-23 Mid-Year Treasury report in in compliance with the Council’s Treasury Management indicators and CIPFA’s Code of Practice on Treasury Management (the Code).

This report provides an update on treasury management activities for the first half of the financial year 2021-22.

Members are asked to note that the report was noted by Cabinet on 17 January 2022 and has been referred on to Council for consideration in compliance with CIPFAs Code of Practice on Treasury Management.

Council RESOLVED to note the 2021-22 Mid-Year Treasury report in compliance with CIPFA’s Code of Practice on Treasury Management (the Code).

The Mayor then invited Councillor McLennan, Deputy Leader and Cabinet Member for Resources, to introduce the report from the Director of Finance updating members on Treasury Management activity for the first half of the 2021-21 financial year. Members noted that the report had also been considered and agreed by the Audit and Standards Advisory Committee on 7 December 2021 and Cabinet on 17 January 2022 who had agreed to refer it on to Council for consideration in compliance with the CIPFA Code of Practice on Treasury Management.

In introducing the report, Councillor McLennan confirmed that the Council was continuing to operate in compliance with the Treasury Management Indicators for 2021/22, as detailed within Appendix 1 of the report.

As no other members indicated they wished to speak, the Mayor then put the recommendations in the report to the vote and they were unanimously declared CARRIED.

It was therefore RESOLVED to note the 2021-22 Mid-Year Treasury report in compliance with CIPFA’s Code of Practice on Treasury Management (the Code).