Decision details

2021/22 Annual Treasury Management Report

Decision Maker: Overview and Scrutiny Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No


The attached report reviews treasury performance during 2021/22 against the Council’s Treasury Management Strategy. This is a historic review for noting by members.


The Finance and Assets Portfolio Holder presented the report, informing members that the Treasury Management Framework had been approved by Council in February 2021 ahead of the financial year.


He confirmed that the Council was £11.2 million under-borrowed with external debt remaining at £12.8m, well below the Capital Financing Requirement of £24 million. He highlighted rising interest rates and noted that were it not for Local Government Reorganisation, the Council would be considering borrowing ahead of future expenditure. He continued noting that it would be inappropriate for the council to take on borrowing that is not currently required.


He concluded by thanking officers for their continued hard work.


In relation to a request for a list of Council properties that had been declassified as investment properties, the Section 151 verbally read through the list of properties.




(1)    the 2021/22 Annual Treasury Management Report be noted; and

(2)    the 2021/22 Annual Treasury Management Report be recommend to Council for approval.

Report author: Claire Read

Publication date: 17/08/2022

Date of decision: 08/07/2022

Decided at meeting: 08/07/2022 - Overview and Scrutiny Committee

Accompanying Documents: