Decision details
Treasury Management Performance Report to 31 December 2021
PDF 78 KBDecision Maker: Cabinet
Decision status: Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This report gives details of performance
against the Council’s Treasury Management Strategy Statement
2021/22 for the first nine months of 2021/22.
Decision:
RESOLVED (Unanimously):
(1) To note the Treasury Management Report to 31December 2021, prepared in accordance with the CIPFA Treasury Code of Practice.
(2) To note the Treasury Management Indicators to 31 December 2021.
Reasons for the decision:
The average rate of investment return for the first nine months of 2021/22 is 0.26%, which is 0.28% above the benchmark rate which has averaged -0.02% over the period.
The Council’s Prudential Indicators for 2021/22 were agreed by Council in February 2021 and performance against the key indicators is shown in Appendix 1. All indicators are within target levels.
Alternative options considered:
None.
Report author: Jamie Whittard
Publication date: 11/02/2022
Date of decision: 11/02/2022
Decided at meeting: 11/02/2022 - Cabinet
Effective from: 19/02/2022
Accompanying Documents: