Issue - items at meetings - KD 4527 - Annual Treasury Management Report 2016/17

Issue - meetings

KD 4527 - Annual Treasury Management Report 2016/17

Meeting: 13/07/2017 - Cabinet (Item 8)

8 Annual Treasury Management Report 2016/17 pdf icon PDF 451 KB

A report from the Executive Director of Finance, Resources and Customer Services is attached. (Key decision – reference number 4527)

(Report No.16)

(8.30 – 8.35 pm)

Minutes:

Councillor Dino Lemonides (Cabinet Member for Finance and Efficiency) introduced the report of the Executive Director of Finance, Resources and Customer Services (No.16) reviewing the activities of the Council’s Treasury Management function over the financial year ended 31 March 2017.

 

NOTED

 

1.               The requirement to produce an annual treasury management review, as set out in section 3 of the report. The key points of the report were highlighted by Councillor Lemonides for Members’ consideration.

 

2.               That the Council continued to operate a cautious approach within specified borrowing and investment limits, as set out in the report. The Council had continued to comply with its prudential indicators.

 

Alternative Options Considered: None. This report was required to comply with the Council’s Treasury Management Policy Statement, agreed by Council.

 

RECOMMENDED TO COUNCIL, following consideration by Cabinet, that the 2016/17 Annual Treasury Management Outturn report be approved.

 

Reason: To inform the Council of Treasury Management performance in the financial year 2016/17.  

(Key decision – reference number 4527)