Chichester District Council
Issue

Issue - meetings

Treasury Management - half year 2021-22

Meeting: 02/11/2021 - Cabinet (Item 79)

79 2021-22 Treasury Management Half-Yearly Update Report pdf icon PDF 511 KB

The Cabinet is requested to consider the report and its appendices and make the following resolution:

 

The Cabinet has duly considered consider the Treasury activity summarised in this report.

Decision:

RESOLVED

 

That the Cabinet has duly considered the Treasury activity summarised in the report.

 

Minutes:

Cllr Wilding introduced the item.

 

Cllr Dignum commented on the investments made in property which had remained good investments.

 

Cllr Briscoe asked for further information on ethical investments. Cllr Wilding explained that £3 million investments were being made to ethical funds which provide approximately 3% return.

 

Mr Catlow added that any investments the council wishes to make that are non-compliant have to be justified and then agreed by the S151 Officer. He confirmed that no current investments had been made this way.

 

Cllr Briscoe wished to thank Mr Catlow and his team for their good work.

 

RESOLVED

 

That the Cabinet has duly considered the Treasury activity summarised in the report.


 

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