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Treasury Management Monitoring Report to 31st December 2025

 

 

Meeting: 12/02/2026 - Cabinet (Item 78)

78 Treasury Management Performance Report to 31st December 2025 (Quarter 3) pdf icon PDF 479 KB

The report gives details of performance against the Council’s Treasury Management Strategy for the period April to December 2025.

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Additional documents:

Minutes:

Cllr Mark Elliott, Cabinet Member for Resources, introduced the report, moved the officer recommendation and made the following points:

 

·  As of 31 December 2025, total external borrowing stands at £285m, well within both the £414m operational boundary and the £442m authorised limit approved by Council.

·  The Council maintains a strong credit position, with an average portfolio credit rating of AA, exceeding the minimum requirement of A–.

·  All borrowing aligns with the Treasury Management Strategy objectives.

·  The Council holds £48.2m in investments with highly rated counterparties, maintaining a secure risk profile

·  Investment performance is strong, with average returns of 4.10% (operational) and 4.12% (strategic) — both outperforming benchmark rates in a higher interest rate environment.

·  Liquidity remains robust, supported by £38.2m in short?term liquid investments.

·  All Treasury Management activity in Quarter 3 fully complied with:

  • The CIPFA Treasury Management Code
  • The Prudential Code
  • The Council’s Treasury Management Strategy
    All prudential indicators — borrowing limits, credit ratings, liquidity, maturity structure — remain comfortably within approved boundaries.

 

Cllr Manda Rigby seconded the motion.

 

RESOLVED (unanimously):

 

(1)  To note the Treasury Management Report to 31st December 2025, prepared in accordance with the CIPFA Treasury Code of Practice.

 

(2)   To note the Treasury Management Indicators to 31st December 2025.

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