Issue - meetings
Quarter 4 Treasury Management Update 2021/22
Meeting: 14/03/2022 - Governance and Audit Committee (Item 60)
60 Quarter 4 Treasury Management Update 2021/22 
PDF 125 KB
Additional documents:
- Enc. 1 - Investment portfolio as at 28-02-22, item 60
PDF 26 KB
- Enc. 2 - Long-term borrowing portfolio as at 28-02-22, item 60
PDF 140 KB
- Enc. 3 - Short-term borrowing portfolio as at 28-02-22, item 60
PDF 14 KB
- Webcast for Quarter 4 Treasury Management Update 2021/22
Decision:
That the Treasury Management 2021/22 quarterly update be endorsed.
Minutes:
The Strategic Finance Manager presented the quarterly update on matters relating to the Council’s Treasury Management Policy, Strategy and Practices to the end of February 2022. The Council’s position on investment and long and short term borrowing was reported, along with an update on the economic context and interest rate forecast.
In response to questions from Allan Rainford, the Strategic Finance Manager said that the short-term borrowing approach continued, in line with the professional advice, and that no further long-term borrowing was forecast in this financial year, based on current cashflow.
Sally Ellis asked about any anticipated impact on the Strategy arising from the situation in Ukraine. The Strategic Finance Manager said that whilst the report reflected the position at that point in time, the Treasury Management advisors were continually monitoring and updating the team on any changes.
The recommendation was moved and seconded by Allan Rainford and Sally Ellis.
RESOLVED:
That the Treasury Management 2021/22 quarterly update be endorsed.