Issue - meetings

This report gives details of performance against the Council’s Treasury Management Strategy and Annual Investment Plan for 2020/21.

The Council considered a report giving details of performance against the Council’s Treasury Management Strategy and Annual Investment Plan for 2020/21.

On a motion from Councillor Richard Samuel, seconded by Councillor Manda Rigby, it was unanimously

RESOLVED that;

1.  The Treasury Management Report to 31^st March 2021, prepared in accordance with the CIPFA Treasury Code of Practice, is noted; and

2.  The Treasury Management Indicators to 31st March 2021 are noted.

This report gives details of performance against the Council’s Treasury Management Strategy and Annual Investment Plan for 2020/21.

Councillor Richard Samuel introduced this agenda item by saying that this report, prepared in accordance with the CIPFA Treasury Code of Practice, gave details of performance against the Council’s Treasury Management Strategy and Annual Investment Plan for 2020/21. Councillor Samuel also said that the Council had been doing work on moving its funds to more socially and environmentally acceptable investments.

Councillor Richard Samuel moved the recommendations.

Councillor Tom Davies seconded the motion by praising the Council’s intention to move its funds to more socially and environmentally acceptable investments.  Councillor Davies also said that the report described key aspects of the Council’s balance sheets and thanked Councillor Samuel and Andy Rothery (Section 151 Officer) for highly effective management of the Council’s treasury.

RESOLVED (unanimously) that the Cabinet agreed that:

1.  The Treasury Management Report to 31^st March 2021, prepared in accordance with the CIPFA Treasury Code of Practice, is noted.

2.  The Treasury Management Indicators to 31st March 2021 are noted.