Decision details
Treasury Management Annual Report 2023-24
Decision Maker: Audit Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Decisions:
The Audit Committee received the Treasury Management Annual Report.
The Principal Investment Officer, Alan Sanford, presented the report, highlighting: that the report summarised the treasury management activity of Somerset Council for the financial year 2023-24, in compliance with all relevant statutes and guidance, including the CIPFA Code of Practice and the Local Government Act 2003; and summarised the cash flows, borrowing, treasury investments, and the management of associated risks.
The Audit Committee approved the report as being in compliance with the CIPFA Code of Practice for Treasury Management and recommended it to Executive, then Full Council at their next available meetings.
Publication date: 06/06/2024
Date of decision: 30/05/2024
Decided at meeting: 30/05/2024 - Audit Committee
Accompanying Documents: