Purpose

This report provides an update on the
Council’s Treasury Management Strategy for 2023/24

Content

RESOLVED

That the Cabinet
considered and notes reportFIN/637
and the treasury activity for the first two quarters of
2023/2024.

Reasons for the Recommendations

The Chartered Institute of Public Finance and
Accountancy (CIPFA) Code of Practice for Treasury Management (the
TM Code) recommends that members be updated on treasury management
activities regularly (Treasury Management Strategy, annual and
mid-year reports). This report, therefore, ensures this Council is
implementing best practice in accordance with the Code.