Reporting Person – Leigh Clarke
The Executive received a report on Treasury Management performance for 2021-22 in accordance with the Council’s policy on Treasury Management. Attention was drawn to the revised Chartered Institute of Public Finance and Accountancy’s (CIPFA) Code of Practice, the reporting of which was planned in February 2023. In response to whether adoption of the revised CIPFA Code could be brought forward, the Portfolio Holder advised that Officers were looking at adopting a broader range of prudential indicators, including accelerating the changes to the CIPFA Code, whilst balancing the additional work that additional disclosures would generate. The Portfolio Holder would revisit with Officers in the autumn.
That the annual report on Treasury Management performance for 2021/22 be received, and the compliance with the Council’s approved arrangements be noted.
Reason: To receive the annual report on Treasury Management performance for 2021/22 in accordance with the Council’s policy on Treasury Management.