Decision details

Treasury Management Strategy Update 2022/23

Reference: D55846

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

The Chief Officer Financial Services submitted a report which presented a review and update of the Council’s Treasury Management Strategy for 2022/23, and which sought a change to the Borrowing Strategy, as detailed.

 

The Executive Member introduced the report, providing the Board with details on the key issues within it and highlighting the current approach being taken towards longer term borrowing.

 

Members welcomed the submitted report and extended their thanks to those within the Treasury Management team for the work that they continued to undertake.

 

RESOLVED –

(a)  That the update provided on the Treasury Management borrowing and investment strategy for 2022/23, as detailed within the submitted report, be noted;

 

(b)  That the change to the Borrowing Strategy, as detailed at section 6.3.13 of the submitted report, be approved.

Publication date: 28/11/2022

Date of decision: 23/11/2022

Decided at meeting: 23/11/2022 - Executive Board

Effective from: 03/12/2022

Accompanying Documents: