Decision - Recommendations of the Performance and Audit Scrutiny Committee: 27 January 2022 - Financial Resilience - Strategy Statement 2022 to 2023 and Treasury Management Code of Practice

Decision details

Recommendations of the Performance and Audit Scrutiny Committee: 27 January 2022 - Financial Resilience - Strategy Statement 2022 to 2023 and Treasury Management Code of Practice

Decision Maker: Cabinet

Decision status: Recommmend Forward to Council

Is Key decision?: No

Is subject to call in?: No

Purpose:

The Cabinet will be asked to recommend to Council, approval of the Annual Financial Resilience Management and Investment Strategy Statements 2022 to 2023 for West Suffolk Council, which must be undertaken before the start of each financial year.

Decision:

Recommended to Council (22 February 2022):

 

1.       The Treasury Management Strategy Statement 2022 to 2023 as set out in Appendix 1 to Report number: FRS/WS/22/002, be approved; and

 

2.       The Treasury Management Code of Practice, as set out in Appendix 2 to Report number: FRS/WS/22/002, be approved, subject to an amendment within the section of the Code of Practice entitled ‘Use of External Brokers / Advisors / Fund Managers’, with the removal of the word ‘will’, to be replaced with the word ‘may’, to ensure that the Council has the flexibility on the use of services of other organisations.       

Report author: Rachael Mann

Publication date: 10/02/2022

Date of decision: 08/02/2022

Decided at meeting: 08/02/2022 - Cabinet

Accompanying Documents:

 

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