Skip to main content

Item 8. Treasury Management Update (AC24/16)

This report provides the Audit Committee with an update on London Councils’ treasury management strategy. London Councils’ cash balances are held by the City of London under the service level agreement for the provision of financial support services. The investment of London Councils’ cash balances are covered by the City of London’s treasury management strategy as they are aggregated with the City of London’s funds for investment purposes

The Audit Committee is asked:

To note and comment on the City of London’s Treasury Management Strategy Statement and Annual Investment Strategy for 2016/17 which can be found at Appendix A.