Decision details

Annual Treasury Management Report 2019/20

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes


The Council is required through regulations issued under the Local Government Act 2003 to produce an annual treasury report reviewing treasury management activities and the actual prudential and treasury indicators for 2019/20. This report meets the requirements of both the CIPFA Code of Practice on Treasury Management (the Code) and the CIPFA Prudential Code for Capital Finance in Local Authorities (the Prudential Code).


The Cabinet considered the Annual Report on the functioning of the Council’s Treasury Management functions for 2019/20 and recommended to the Council Meeting that it:-


·         Approve the actual 2019/20 prudential and treasury indicators in this report;

·         Note the annual treasury management report for 2019/20; and

·         Note that changes have been made to the Council’s Treasury Management Policy Statement and Practices during 2019/20 to accommodate the requirements of the revised CIPFA Codes published in December 2017.

Alternative options considered:


Interests and Nature of Interests Declared:


Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: This report is an outturn report for the 2019/20 financial year. An Equality Impact Assessment was undertaken as part of the initial Treasury Management Strategy, Annual Investment Strategy & MRP Policy for 2019/20 that went to the Cabinet meeting on 5 February 2019 and Council on 21 February 2019.

Decision Reference: CAB233

Declarations or conflicts of Interest: None.

Forward Plan Reference: RCG15

Other reasons / organisations consulted

A consultation report on the Treasury Management Strategy for 2019/20 went to the Corporate, Resource Management & Governance Scrutiny Committee in December 2019.

Contact: Lorna Soufian, Corporate and Support Services Email: Tel: 0161 474 4026.

Report author: Lorna Soufian

Publication date: 29/07/2020

Date of decision: 28/07/2020

Decided at meeting: 28/07/2020 - Cabinet

Effective from: 05/08/2020

Accompanying Documents: