Issue - meetings

Cabinet Member: Finance, Property and Transformation

Forward Plan Ref: 2025/031

Contact: Tim Chapple, Treasury Manager

Tim.chapple@oxfordshire.gov.uk

Executive Director of Resources and Section 151 Officer (CA15)

The Chartered Institute of Public Finance and Accountancy’s (CIPFA’s) ‘Code of Practice on Treasury Management 2021’ requires that committee to which some treasury management responsibilities are delegated, will receive regular monitoring reports on treasury management activities and risks. This is the fourth and final update for the 2024/25 financial year and sets out the position at 31 March 2025.

Cabinet is RECOMMENDED to note the report, and to RECOMMEND Council to note the council’s treasury management activity and outcomes in 2024/25.

Recommendations approved.

The Chartered Institute of Public Finance and Accountancy’s (CIPFA’s) ‘Code of Practice on Treasury Management 2021’ required that committee to which some treasury management responsibilities are delegated, will receive regular monitoring reports on treasury management activities and risks. Cabinet had before it the fourth and final update for the 2024/25 financial year which set out the position at 31 March 2025.

Councillor Dan Levy, Cabinet Member for Finance, Property, and Transformation, presented the report. He highlighted the main points which included prudent management, reduction in external debt, strong investment income, and operation within set indicators.

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

RESOLVED to note the report, and to RECOMMEND Council to note the council’s treasury management activity and outcomes in 2024/25.