Issue - meetings

Cabinet Member: Finance

Forward Plan Ref: 2023/033

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

Report by Director of Finance (CA9).

Cabinet is RECOMMENDED to note the report, and to RECOMMEND Council to note the council’s treasury management activity and outcomes in 2022/23.

Recommendations approved.

Cabinet had before it a report on the Council’s treasury management activities for the financial year 2022/23. The Chartered Institute of Public Finance and Accountancy’s (CIPFA’s) ‘Code of Practice on Treasury Management 2021’ required that the Council and Audit & Governance Committee received a report on Treasury Management activities at least four times per year.  This report is the final report for the financial year 2022/23 and sets out the position at 31 March 2023.

Councillor Liz Leffman, Leader of the Council, introduced the report and referred, in particular, to the challenges experienced by officers in monitoring treasury management in the current economic climate.

Councillor Leffman moved and Councillor Phillips seconded the recommendations and they were approved.

RESOLVED to:-

a)     note the report

b)    note the council’s treasury management activity and outcomes in 2022/23.