Issue - meetings

Treasury Management Strategy Report 2021/22

Meeting: 08/02/2022 - Executive (Item 23)

23 Treasury Management Strategy Report 2022/23 pdf icon PDF 246 KB

To consider the report of the Director Finance.

 

Additional documents:

Decision:

Agreed:

 

RECOMMENDED that Council adopt the new Treasury Management Strategy and delegations contained therein.

 

Reason for Decision: As set out in the report.

 

 

 

Minutes:

The Executive received the report seeking the adoption of the Treasury Management Strategy Report and the incorporated Annual Investment Strategy 2022/23, as required under section 15(1) (a) of the Local Government Act 2003.

 

Particular reference was made to the there being no significant changes since the previous year. There were limits set to the value of investments that could be held by any one institution such as banks, building societies or other Local Authorities and that money could also be invested with the Government. It was noted that there would be a future borrowing requirement in respect of the Exeter City Living development at the Clifton Hill site, which has already been approved by Council.

 

RECOMMENDED that Council adopt the new Treasury Management Strategy and delegations contained therein.