Issue - meetings
Treasury Management Strategy Statement 2021/22
Meeting: 18/02/2021 - Council (Item 747)
747 Treasury Management Strategy 2021/22 
PDF 214 KB
This report presents the Council’s Treasury Management Strategy for the 2021/22 financial year. The Treasury Management Strategy incorporates within it the Treasury Management Policy Statement, Annual Investment Strategy and Minimum Revenue Provision Policy.
Additional documents:
Minutes:
Background:
This report provided details of the Council’s Treasury Management Strategy for 2021-2022. The Strategy had been prepared in line with CIPFA’s Local Authority Treasury Management Code and set out the Council’s borrowing requirement and strategy in respect of investments. It also provided details of the Council’s current portfolio position and set out the prudential and treasury indicators that would be used to monitor and measure treasury performance.
The report had been considered by the Audit Committee (5 January 2021) and by the Cabinet (2 February 2021), comments of which were set out in sections 4 and 5 of the report.
A Diversity Impact Assessment had been undertaken on the Treasury Management Strategy, as set out in Appendix B to the report.
The Leader of the Council, Councillor Jarrett, supported by the Portfolio Holder for Inward Investment, Strategic Regeneration and Partnerships, Councillor Rodney Chambers OBE, proposed the recommendations set out in the report.
Decision:
a) The Council noted the comments of the Audit Committee and the Cabinet, as set out in sections 4 and 5 of the report.
b) The Council approved the Treasury Management Strategy 2021/22, as set out in Appendix A to the report.
Councillors Browne, Cooper, Hubbard, Johnson, Khan, Maple,Murray, Osborne, Prenter and Andy Stamp requested that their votes in favour of the decision be recorded in accordance with Council Rule 12.6.
Meeting: 02/02/2021 - Cabinet (Item 9)
9 Treasury Management Strategy 2021/22 PDF 212 KB
Additional documents:
Minutes:
Background:
This report provided details of the Council’s Treasury Management Strategy for 2021-2022. The Strategy had been prepared in line with CIPFA’s Local Authority Treasury Management Code and set out the Council’s borrowing requirement and strategy in respect of investments. It also provided details of the Council’s current portfolio position and set out the prudential and treasury indicators that would be used to monitor and measure treasury performance.
The Audit Committee had considered this report on 5 January 2021 and its comments were set out in paragraph 4 of the report.
A Diversity Impact Assessment had been undertaken on the Treasury Management Strategy, as set out in Appendix B to the report.
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Decision number: |
Decision: |
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The Cabinet noted the comments of the Audit Committee, as set out in section 4 of the report.
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21/2021 |
The Cabinet recommended approval of the Treasury Management Strategy 2021/22, as set out in Appendix A to the report, to Full Council.
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22/2021 |
The Cabinet approved the Treasury Management Practices, as set out in Appendix C to the report. |
Reasons:
Cabinet has the responsibility to make recommendations to Full Council on the approval of the Council’s Treasury Management, Investment Strategy and Minimum Revenue Provision Policy Statement and has responsibility for the implementation of the Treasury Management Practices and associated schedules.