Issue - meetings

Report number:     CAB/WS/21/037

Portfolio holder: Councillor Sarah Broughton

Chair of the Committee: Councillor Ian Houlder

Lead officer: Rachael Mann

Recommended to Council:

(28 September 2021)

That the Annual Treasury Management and Financial Resilience Report (2020 to 2021), as contained in Report number: FRS/WS/21/003, be approved.

(Report number CAB/WS/21/037)

The Cabinet received this report, which was recommending to Council, the approval of the Annual Treasury Management and Financial Resilience Report.

This report was part of the Council’s management and governance arrangements for Treasury Management activities under the CIPFA Code of Practice on Treasury Management.  It provided a comprehensive assessment of treasury activities from 1 April 2020 to 31 March 2021. 

There was an analysis of the Council’s Financial Resilience position as at March 2020, as reported by CIPFA in Appendix A – CIPFA Financial Resilience.  The Cabinet was required to consider the Annual Financial Resilience Report for 2020/2021, prior to seeking its approval by Council.

Councillor Sarah Broughton, Portfolio Holder for Resources and Property, drew relevant issues to the attention of the Cabinet and also thanked the Performance and Audit Scrutiny Committee for their role in the scrutiny of these documents.

Recommended to Council:

(28 September 2021)

That the Annual Treasury Management and Financial Resilience Report (2020 to 2021), as contained in Report number: FRS/WS/21/003, be approved.