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Treasury Management Strategy
Managing public money isn’t just about balancing the books - it’s about making smart decisions that shape the future of Norwich. Here’s how the council’s Treasury Management Strategy keeps our city’s finances secure, sustainable, and ready to support the services and projects that matter most.
Treasury Management Strategy - explained simply
What is it?
The Treasury Management Strategy is Norwich City Council’s plan for looking after its money - especially how it borrows, invests, and manages cash flow.
The goal is to make sure the council always has enough money to pay for services, invest in the city, and keep finances safe and sustainable.
Why does the council need a strategy?
- Legal Requirement: by law, every council must have a clear plan for managing its money, following national codes and best practices.
- Protecting public money: the strategy helps ensure that public funds are used wisely, safely, and in ways that benefit the city.
What does the strategy cover?
- Cash Flow Management:
Making sure there’s always enough money available to pay bills and fund services when needed. - Investments:
Any extra money is invested carefully, prioritizing safety and quick access over risky returns. - Borrowing:
When the council needs to fund big projects (like new housing or infrastructure), it may borrow money. The strategy sets out how much can be borrowed and how to do it responsibly. - Risk Control:
The council balances the need to earn some income from investments with the need to keep money safe. It avoids risky investments and regularly reviews its approach. - Reporting:
The council regularly reports on its treasury activities, so councillors and the public can see how money is being managed.
Key principles
- Security: keeping public money safe is the top priority.
- Liquidity: ensuring money is available when needed.
- Yield: earning a reasonable return, but only after security and liquidity are assured.
How does this help Norwich?
- Supports council priorities: good treasury management means more resources for services, infrastructure, and community projects.
- Transparency: regular updates and clear rules mean residents can trust how their money is managed.
- Long-term stability: careful planning helps the council avoid financial shocks and stay resilient.
View previous years' strategies
Treasury management strategy 2024-25
Treasury management strategy 2023-24
Treasury management strategy 2022-23
Treasury management strategy 2021-22
Treasury management strategy 2020-21
Treasury management strategy 2019-20
