Issue - meetings

To consider the report of the Chief Officer Financial Services which provides a review and update of the Council’s Treasury Management Strategy for 2022/23 and which seeks a change to the Borrowing strategy, as detailed.

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.