Decision details
Treasury Management Q1 Report 2024/25 (F&R36)
PDF 108 KBDecision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The CIPFA (Chartered Institute of Public
Finance and Accountancy) Code of Practice for Treasury Management
recommends that Members be updated on treasury management
activities regularly (annual, mid-year and quarterly reports). This
report therefore ensures this Council is implementing best practice
in accordance with the Code.
Decision:
The Cabinet considered a report providing an update on the operation and effectiveness of the Council's Treasury Management function for quarter one of 2024/25 and has agreed to note the report, the treasury activity and recommend approval of any changes to the prudential indicators.
Alternative options considered:
None.
Interests and Nature of Interests Declared:
None.
Reason Key: Policy Framework & Budget;
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: An Equality Assessment was included in the original Treasury Management Strategy report that went to full Council on 22.02.24. This is quarterly update on that report.
Decision Reference: CAB478
Declarations or conflicts of Interest: None.
Forward Plan Reference: F&R36
Other reasons / organisations consulted
CRMG were consulted on 21.11.23 prior to the
formulation of the Treasury Management Strategy for
2024/25
Contact: Lorna Soufian, Corporate and Support Services Email: lorna.soufian@stockport.gov.uk Tel: 0161 474 4026.
Report author: Lorna Soufian
Publication date: 19/09/2024
Date of decision: 18/09/2024
Decided at meeting: 18/09/2024 - Cabinet
Effective from: 26/09/2024
Accompanying Documents: