Issue - meetings
TREASURY MANAGEMENT - QUARTER 2 PERFORMANCE 2022/23 & MID-YEAR REVIEW
Meeting: 27/11/2023 - Executive, Resources and Contracts Policy Development and Scrutiny Committee (Item 55)
55 TREASURY MANAGEMENT - QUARTER 2 PERFORMANCE 2022/23 & MID-YEAR REVIEW 
PDF 347 KB
Additional documents:
- FY2324 Q2 appendix 1, item 55
PDF 304 KB
- FY2324 Q2 appendices 2 3, item 55
PDF 76 KB
- FY2324 Q2 appendix 4 - mid-year review v2, item 55
PDF 410 KB
Minutes:
Report FSD23079
The report summarised treasury management activity during the second quarter of 2023/24. The report also included a mid-year review of the treasury management strategy statement and annual investment strategy (Appendix 4 of the report). The report ensured that the Council was implementing best practice in accordance with the CIPFA Code of Practice for Treasury Management. Investments as at 30 September 2023 totalled £379.6m (£390.6m at 30September 2022) and there was no outstanding external borrowing.
In response to a question, the Director of Finance confirmed that an asset management review would be undertaken at the same time as the review of the pension fund.
RESOLVED: That the Portfolio Holder be recommended to
1. Note the treasury management performance for the second quarter of 2023/24;
2. Recommend that Council approve the 2023/24 prudential indicators as set out in Appendix 4