55 TREASURY MANAGEMENT - QUARTER 2 PERFORMANCE 2022/23 & MID-YEAR REVIEW PDF 347 KB
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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