To consider a report of the Director of
Corporate Resources as the Treasury Management Strategy for 2017/18
is underpinned by the adoption of the Chartered Institute of Public
Finance and Accountancy's (CIPFA) Code of Practice on Treasury
Management 2011, which includes the requirement for determining a
treasury strategy on the likely financing and investment activity
for the forthcoming financial year.
The code also recommends that members are informed of Treasury
Management activities at last twice a year (a mid year and year end
report). This report therefore ensures that the County Council is
embracing best practice in accordance with CIPFA's recommendations.
Treasury Management is defined as: 'the management of investments
and cash flows, 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'.
Decision type: Non-key
Decision status: For Determination
Anticipated restriction: Fully exempt - View reasons
Explanation of anticipated restriction:
Information relating to the financial or business affairs of any particular person (including the authority holding that information)
Consultation process
Draft report
Consultees
Director of Corporate Resources