The Director of Resources submitted a report to review, approve and adopt the Treasury Management Policy Statement and Practices for 2023/24.
Members were informed that the Treasury Management Policies and Practices document is reviewed on an annual basis to comply with the Chartered Institute of Public Finance and Accountancy (CIPFA) Code. Since March 2022, there have not been any further changes to the CIPFA Treasury Management Code and so the majority of the document remains unchanged.
However, Members were advised that the Council is proposing increases to its counterparty limits to allow greater flexibility in the Council’s treasury management operations.
***RESOLVED THAT COMMITTEE:
Recommend to Council the Treasury Management Policies and Practices 2023/24.