Decision details

The Director of Resources and Deputy Chief Executive submitted a report to review, approve and adopt the Treasury Management Policy Statement and Practices for 2024/25.

Members were informed that the Treasury Management Policies and Practices document was reviewed on an annual basis to comply with the Chartered Institute of Public Finance and Accountancy (CIPFA) Code.  Since March 2023, there had not been any further changes to the CIPFA Treasury Management Code and so the majority of the document remained unchanged with any amendments shown in tracked changes.

***RESOLVED THAT COMMITTEE:

1.    Review, approve and formally adopt the Treasury Management Policies and Practices document as attached in Appendix 1 to the report, incorporating the:

·         Treasury Management Key Principles

·         Treasury Management Policy Statement

·         Treasury Management Clauses

·         Treasury Management Practices and Schedules

2.    Recommend to Council the Treasury Management Policies and Practices 2024/25.