Issue - meetings

TREASURY MANAGEMENT STRATEGY 2023/24

Meeting: 08/02/2023 - Cabinet (Item 16)

16 TREASURY MANAGEMENT STRATEGY 2023/24 pdf icon PDF 318 KB

A report from the Executive Director of Resources is attached.  (Key decision – reference number 5504)

Additional documents:

Minutes:

Cllr Tim Leaver (Cabinet Member for Finance and Procurement) introduced the report of the Executive Director Resources, setting out the Council’s proposed Treasury Management Strategy Statement (TMSS) for the period 2023/24 to 2032/33, for approval by Council.

 

The TMSS formed part of the Council’s overall budget setting and financial framework. It was noted that best advice was taken, and that the Council used Arlingclose Limited as its external treasury management advisors. Having a ten year strategy allowed the long-term impact of decisions to be assessed.

 

DECISION:  The Cabinet agreed to:

a.  Review the Treasury Management Strategy 2023/24 (Appendix 1) and

b.  Recommend the Council to approve the Treasury Management Strategy 2023/24.

 

The report sets out the options considered, if any, and the reasons for the recommendations and the decision.

 

(Key decision – reference number 5504)