Agenda item

TREASURY MANAGEMENT STRATEGY AND PRUDENTIAL LIMITS 2022/23 TO 2025/26

Report of the Executive Director - Enabling Services and S151 Officer detailing the context within which the Council’s treasury management activity operates and sets out a proposed strategy for the coming year in relation to the Council’s cash flow, investment and borrowing, management of the associated risks, including the loss of invested funds and the revenue effect of changing interest rates.

Investment limits within this report have been increased to allow for a possible change in strategy.

Minutes:

The Committee received and noted the Treasury Management Strategy and Prudential Limits 2022/23 to 2025/26.

 

RESOLVED:

 

(i)  To approve the Council’s Treasury Management Strategy and Indicators for 2024/25 to 2027/28, as set out in Appendix 1 to the report;

(ii)  To note the Executive Director for Enabling Services would report any amendments and in year revisions to the Treasury Management Strategy as part of the quarterly financial and performance monitoring; and

(iii)  To endorse the proposal to continue to explore an alternative Treasury Strategy to generate additional income that can support local services, whilst maintaining a prudent approach. 

Supporting documents: