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.
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: firstname.lastname@example.org Tel: 0161-474-4708 Lorna Soufian, Corporate and Support Services Email: email@example.com 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