Issue - meetings

Cabinet Member: Finance

Forward Plan Ref: 2023/249

Contact: Tim Chapple, Treasury Manager, tim.chapple@oxfordshire.gov.uk

Report by Director of Finance (CA12).

Cabinet is RECOMMENDED to note the council’s treasury management activity the first quarter of 2023/24.

Recommendations approved.

Cabinet had before it a report on the Council’s Treasury Management activity for the quarter to June 2023 measured against the budget agreed by Council in February 2023.

Councillor Dan Levy, Cabinet Member for Finance, presented the report.

Cabinet noted the report which provided details of the management of the Council’s borrowing, investments, and cash flows, including its banking, money market and capital market transactions, the effective control of the risks associated with those activities, and the pursuit of optimum performance consistent with those risks.

Councillor Levy moved and Councillor Sudbury seconded the recommendations, and they were approved.

RESOLVED to note the council’s treasury management activity the first quarter of 2023/24.