Issue - meetings

Council considered the recommendation of the Cabinet on the Treasury Management Strategy Statement for 2021/22.

The proposed Strategy represented an appropriate balance between risk management and cost effectiveness.

Resolved to approve the Treasury Management Strategy Statement for 2020/21.

Councillor S. Buttar

To consider the Treasury Management Strategy for 2021/22 and make a recommendation to Council.

Cabinet considered the Treasury Management Strategy Statement 2021/22.

Cabinet noted that the Council had taken advice from its Treasury advisers, Arlingclose, to ensure a prudent and robust approach was taken in this strategy.

Resolved to:

1.    recommend that Council approves the Treasury Management Strategy for 2021/22 as set out in the report, and

2.    note the updated Treasury Management Practices (TMP) and Schedules. 

Reason for decision:

The Council is required to approve a strategy before the start of the financial year and the Council had taken advice from its Treasury advisers, Arlingclose, to ensure a prudent and robust approach in this strategy.

To note a draft report on the Treasury Management Strategy Statement for 2021.

The Deputy Chief Accountant introduced the report and advised the Committee that it was currently in draft form and would be considered by Cabinet on 24 February 2021.

Members agreed to note the Treasury Management Strategy Statement for 2021.