Decision details
Treasury Management Strategy and Annual Investment Strategy Mid-Year Report 2018/19
PDF 58 KBDecision Maker: Cabinet
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Mid-Year review of the Council's Treasury
Management Strategy and Annual Investment Strategy
Decision:
The Cabinet considered a mid-year review of the Council’s Treasury Management Strategy and Annual Investment Strategy 2018/19 Mid-Year Review Report and recommended that the Council Meeting receive the report and note:
• the report and the treasury activity in the first half of the financial year;
• the revised interest rate forecasts for PWLB rates over the short and medium-term which would drive the Council’s long-term borrowing strategies going forward.
Alternative options considered:
None
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: CAB125
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: paula.mcdonald@stockport.gov.uk Tel: 0161-474-4708 Lorna Soufian, Corporate and Support Services Email: lorna.soufian@stockport.gov.uk Tel: 0161 474 4026.
Report author: Paula McDonald
Publication date: 14/11/2018
Date of decision: 13/11/2018
Decided at meeting: 13/11/2018 - Cabinet
Effective from: 21/11/2018
Accompanying Documents: