Agenda item

The Cabinet considered a report of the Corporate Director of Resources which provided an overview of the Council’s Treasury Management Outturn performance for 2021/22 including borrowing activity, investment activity, treasury management and prudential indicators (for copy of report, see file of minutes).

Councillor Bell, Deputy Leader and Portfolio Holder for Finance thanked the officers for the comprehensive update on treasury management activity for the last year and for setting out the Council’s position as at 31 March 2022.  It was pleasing to note that the Council remained in a strong financial position and had fully complied with all of the requirements of the treasury management policy and strategy agreed by County Council in February 2021.

Resolved:

That the report be noted.