Decision details

Treasury Management Strategy and Annual Investment Strategy Mid-Year Report 2018/19

Decision Maker: Council Meeting

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No


Mid-Year review of the Council's Treasury Management Strategy and Annual Investment Strategy


The Council Meeting has:-


·         Noted the report and the treasury activity in the first half of the financial year; and

·         Noted the revised interest rate forecasts for PWLB rates over the short and medium term, which will drive the Council’s long-term borrowing strategies going forward.

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 is a mid-year review and update of the Council Treasury Management Strategy and Annual Investment Strategy 2018/19. This initial strategy report presented to Members in Feb 2018 included a full Equality Impact Assessment.

Decision Reference: CM194

Declarations or conflicts of Interest: None.

Other reasons / organisations consulted

CRMG were consulted prior to the formulation of the TMSS and AIS for 2018/19 and received formal training by the Council's external treasury management advisors in December 2017. In addition to this report, CRMG receive regular update reports throughout the financial year.

Contact: Paula McDonald, Corporate & Support Services Email: Tel: 0161-474-4708 Lorna Soufian, Corporate and Support Services Email: Tel: 0161 474 4026.

Report author: Paula McDonald

Publication date: 30/11/2018

Date of decision: 29/11/2018

Decided at meeting: 29/11/2018 - Council Meeting

Accompanying Documents: