Issue - meetings

Treasury Management Monitoring Report

Meeting: 12/11/2020 - Cabinet (Item 4)

4 Treasury Management Monitoring Report pdf icon PDF 961 KB


A report that provides an update to Cabinet on Treasury Management.


Portfolio Holder – Councillor Peter Butlin

Additional documents:


Councillor Peter Butlin introduced this item by explaining that as a result of the Pandemic it has been necessary to create liquidity by moving from long term to short term investment. In addition, interest rates have decreased. The Council is now moving back to long term investments.


Councillor Keith Kondakor expressed concern over lending to other local authorities. He noted that some of the local authorities that the Council has lent to are some distance from Warwickshire and asked whether it would be better support more local councils. In response, Councillor Peter Butlin stated that it has long been the practice to lend to other councils. Councils are a good, safe investment. Councillor Peter Butlin agreed to brief Councillor Keith Kondakor on loans to other local authorities.




That the Cabinet notes the Treasury Management activity and performance in respect of the first six months of 2020/21.