Decision details

TREASURY MANAGEMENT ANNUAL REPORT 2021-22

Decision Maker: Policy and Resources Committee

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The Authority’s treasury management activity is underpinned by the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Practice on Treasury Management (“the Code”), which requires the Authority to approve treasury management semi-annual and annual reports.

 

This report fulfils the Authority’s legal obligation under the Local Government Act 2003 to have regard to both the CIPFA Code and the Department for Levelling Up, Housing and Communities (DLUHC) Investment Guidance.

Decision:

Resolved – That Council be recommended to agree the Treasury Management Annual Report for 2021/22.

Reasons for the decision:

Wirral has adopted the CIPFA Code of Practice on Treasury Management (“the Code”), which includes regular update reports to Members of treasury activity. This report is the annual review for 2021/22.

Alternative options considered:

The Council has previously determined what Treasury Management strategy it should use, and this report is detailing the outcomes of that which is a legal requirement.

Report author: Peter Molyneux

Publication date: 14/07/2022

Date of decision: 13/07/2022

Decided at meeting: 13/07/2022 - Policy and Resources Committee

Accompanying Documents: