Decision Maker: Council Meeting
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
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: An Equality Impact Assessment was undertaken with the initial Treasury Management Strategy Statement that went to the Council meeting on 24.02.22. This report is the mid-year update on that report.
Decision Reference: CM219
Declarations or conflicts of Interest: None.
Forward Plan Reference: F&R4
Other reasons / organisations consulted
A Consultation Report went to CRMG on 23.11.21
ahead of the formulation of the Treasury Management Strategy for
Contact: Lorna Soufian, Corporate and Support Services Email: firstname.lastname@example.org Tel: 0161 474 4026.
Report author: Lorna Soufian
Publication date: 20/01/2023
Date of decision: 12/01/2023
Decided at meeting: 12/01/2023 - Council Meeting