Issue - meetings

Treasury Management 2022/23

 

 

Meeting: 22/02/2022 - Cabinet (Item 63)

63 Treasury Management Strategy (TMS) pdf icon PDF 255 KB

Key Decision

 

Portfolio Holder

Councillor David Martin – Portfolio Holder for Finance, Revenues and Benefits

 

Additional documents:

Decision:

RESOLVED that

a)    the content of the Treasury Management Strategy (TMS) for 2022/23, including changes to the Annual Investment Strategy, be received and noted;

 

b)    Council be recommended to approve the Treasury Management Policy Statement incorporating the following:

 

·       Treasury Management Strategy Statement (TMSS)

·       Borrowing Strategy

·       Annual Investment Strategy

·       Minimum Revenue Provision (MRP) Policy

·       Prudential Indicators and Treasury Management Indicators

·       Treasury Management Practices: Risk Management.

 

 

Minutes:

Members were requested to consider the Council’s Treasury Management

Strategy for the financial year 2022/23 comprising the following:-

 

Treasury Management Policy

Treasury Management Strategy Statement (TMSS)

Borrowing Strategy

Annual Investment Strategy

Minimum Revenue Provision Policy

Prudential Indicators and Treasury Management Indicators

Treasury Management Practices: Risk Management.

 

As it is a requirement of the CIPFA Treasury Management Code for all Local

Authorities to have a Treasury Management Strategy (TMS) and a requirement of DLUHC Statutory Guidance on Local Government Investments

to have an Investment Strategy, Members had no alternative options to

consider.

 

RESOLVED that

a)    the content of the Treasury Management Strategy (TMS) for 2022/23, including changes to the Annual Investment Strategy, be received and noted;

 

b)    Council be recommended to approve the Treasury Management Policy Statement incorporating the following:

 

·         Treasury Management Strategy Statement (TMSS)

·         Borrowing Strategy

·         Annual Investment Strategy

·         Minimum Revenue Provision (MRP) Policy

·         Prudential Indicators and Treasury Management Indicators

·         Treasury Management Practices: Risk Management.

 

Reason:

In accordance with Financial Regulation C.28, the Council shall adopt and maintain a Treasury Management Policy Statement, setting out the policies, objectives and the approach to risk of its Treasury Management activities.