Councillor Lynne Hale

Treasury Management Strategy Statement and Annual Investment Strategy Mid-Year Review Report 2025/26

From: Cabinet - Wednesday, 3rd December, 2025 6.30 pm - December 03, 2025

This Report reviews the Council’s treasury management activities for the first six months of financial year 2025/26. It is prepared in accordance with the requirements of the Chartered Institute of Public Finance and Accountancy (CIPFA) codes of practice in respect of capital finance and treasury management. The codes require that Members are advised of treasury management activities of the first six months of each financial year and of compliance with various strategies and policies agreed by the Council. The report:   • Reviews compliance with the Treasury Management Strategy Statement (TMSS) and Annual Investment Strategy as agreed by the Council (Budget Council) on 26 February 2025. • Reviews treasury borrowing and investment activity for the period 1 April 2025 to 30 September 2025; • Demonstrates compliance with agreed Treasury and Prudential Indicators and the CIPFA Prudential Code for Capital Finance; and • Complies with the Treasury Management Code: Treasury management in the public services – Code of practice and cross-sectoral guidance notes, 2021 as detailed more fully in paragraph 5.3 of the report.

Recommendations Approved

Urgent Business (If any)

From: Cabinet - Wednesday, 3rd December, 2025 6.30 pm - December 03, 2025

Recommendations Approved

2025-26 Period 6 Financial Performance Report

From: Cabinet - Wednesday, 3rd December, 2025 6.30 pm - December 03, 2025

...the Cabinet of Croydon noted the General Fund revenue budget underspend, approved an inter-directorate budget virement, and agreed to move to quarterly financial performance reports with monthly summaries.

Recommendations Approved

ENVIRONMENTAL ENFORCEMENT UPDATE

From: Cabinet - Wednesday, 3rd December, 2025 6.30 pm - December 03, 2025

This report provides an update on Croydon Council’s strengthened approach to environmental and regulatory enforcement, directly supporting the Executive Mayor’s Business Plan 2022–2026 priority to make Croydon a cleaner, safer and healthier borough. The report highlights measurable progress since the refocused enforcement was introduced.   In 2021 the decision was taken to discontinue the Neighbourhood Safety Team. This service had previously provided a visible on-street presence and supported a broad range of community compliance and environmental enforcement activity. The reduction in frontline capacity affected the Council’s ability to proactively deter and respond to environmental crime. In light of these impacts, and the increasing concern about fly tipping, a new, fit-for-purpose team is being established with a more targeted focus on environmental crime, underpinned by a clear zero-tolerance approach.   Since the new Community Compliance Team started in September they have issued over 100 Fixed Penalty Notices for waste-related offences (paragraph 5.8), with early indicators showing a reduction in reported fly-tipping in hotspot areas. The Council has also secured several prosecutions including a £7,951 court fine and costs order against a persistent offender. Broader data demonstrates enforcement outcomes across multiple environmental disciplines (Appendix A in the full report).

Recommendations Approved

Fees and Charges 2026-27

From: Cabinet - Wednesday, 3rd December, 2025 6.30 pm - December 03, 2025

...to the extent that they fall within the authority of the Executive to determine, the fees and charges across the Council for the financial year 2026-27 were approved, along with delegation for further in-year amendments to fees and charges to the relevant Corporate Director following consultation with the relevant Cabinet Member and the Executive Mayor, subject to certain conditions.

Recommendations Approved