Issue - meetings

Report of the Executive Director of Corporate Resources and Customer Services

Further to Minute No. 86 of the meeting of the Cabinet held on 3 November 2022, the Council considered the report of the Executive Director of Corporate Resources and Customer Services which provided a review of the Treasury Management activities undertaken to 30 September 2022. The document was the mid-year report to Cabinet and Council, as well as the second report of the ongoing quarterly monitoring provided to Audit and Governance Committee whose role was to carry out scrutiny of treasury management policies and practices.

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

RESOLVED:

That the Treasury Management update to 30 September 2022, 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

Reasons for the Decision:

To ensure that Members are fully appraised of the treasury activity undertaken to 30 September 2022 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.