Issue - meetings

Report of the Executive Director of Corporate Resources and Customer Services.

The Council considered the report of the Executive Director of Corporate Resources and Customer Services in relation to the Treasury Management activities undertaken to 30 September 2021. 

It was moved by Councillor Maher, seconded by Councillor Fairclough and

RESOLVED:

That the Treasury Management update to 30 September 2021, the effects of decisions taken in pursuit of the Treasury Management Strategy and the implications of changes resulting from regulatory, economic and market factors affecting the Council’s treasury management activities, be noted.

Report of the Executive Director of Corporate Resources and Customer Services.

The Cabinet considered the report of the Executive Director of Corporate Resources and Customer Services in relation to the Treasury Management activities undertaken to 30 September 2021.  The report set out that it was the second of the ongoing quarterly monitoring reports provided to the Audit and Governance Committee and the mid-year report to the Cabinet and Council, in order that the treasury management policies and practices maybe scrutinised.

Decision Made:

That the Treasury Management update to 30 September 2021 be noted along with the effects of decisions taken in pursuit of the Treasury Management Strategy and the implications of changes resulting from regulatory, economic and market factors affecting the Council’s treasury management activities.

Reasons for the Decision:

To ensure that Members are fully appraised of the treasury activity undertaken to 30 September 2021 and to meet the reporting requirements set out in Sefton’s Treasury Management Practices and those recommended by the CIPFA code.

Alternative Options Considered and Rejected:

None.