Decision Maker: Council Meeting
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
This report provides Cabinet with a mid-year
review of the Council’s Treasury Management Strategy
Statement (TMSS) and Annual Investment Strategy (AIS) for 2019/20,
approved by Council on 21 February 2019, and has been prepared in
accordance with the Chartered Institute of Public Finance and
Accounting (CIPFA) Code of Practice for Treasury Management in the
The Council meeting has:-
(1) Noted the report and the treasury activity in the first half of the financial year.
(2) 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.
Reason Key: Policy Framework & Budget;
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: Equality Impact Assessment was included in the initial Treasury Management Strategy Report that went to Council in Feb 2019
Decision Reference: CM206
Declarations or conflicts of Interest: None.
Forward Plan Reference: LDR84 / RCG7
Other reasons / organisations consulted
CRMG were consulted on the Treasury Management
Strategy for 2019/20 at their meeting on 4 December 2018
Contact: Lorna Soufian, Corporate and Support Services Email: firstname.lastname@example.org Tel: 0161 474 4026.
Report author: Lorna Soufian
Publication date: 20/01/2020
Date of decision: 16/01/2020
Decided at meeting: 16/01/2020 - Council Meeting