Issue - meetings

Annual Treasury Management Review 2022/23

 

 

Meeting: 03/10/2022 - Audit & Governance Committee (Item 54)

54 ANNUAL TREASURY MANAGEMENT REPORT 2022/23 pdf icon PDF 200 KB

A report by Sean Howsam, Interim Treasury & Investment Manager (PSPS)

Additional documents:

Minutes:

The Interim Treasury & Investments Manager PSPS advised that the title of the report should have read Quarter 1 Treasury Management Report 2022/23 before presenting the report. The report covered the following areas;

  • An economic update for the first quarter of the 2022/23 financial year;
  • The outlook for the remainder of the financial year along with interest rate forecasts;
  • A review of the Council’s investment portfolio for 2022/23;
  • A review of the Council’s borrowing strategy for 2022/23;
  • Debt rescheduling;
  • Compliance with Treasury and Prudential indicators.

 

Following Members questions the Interim Treasury & Investments Manager PSPS confirmed that the borrowing rates for the Public Works Loan Board were fixed.

 

RESOLVED:

That the Committee approve the contents of the report.

(Mr Pickering agreed with the decision)