Issue - meetings

Report by Assistant Chief Executive and Chief Finance Officer (CC8)

Cabinet at its meeting on 15 November 2011 considered a report that set out the Treasury Management activity undertaken in the first half of the financial year in compliance with the CIPFA Code of Practice and agreed that it be  recommended to Council to note the report. The report includes Debt and Investment activity, an update on Prudential Indicators, changes in Strategy, any Breaches of approved Strategy and a forecast of interest receivable and payable in the financial year.

Council is RECOMMENDED to note the report.

The Council had before them a report (CC8) which set out the Treasury Management Activity undertaken in the first half of the financial year, including debt and Investment activity, an update on Prudential Indicators, changes in Strategy, any Breaches of approved Strategy and a forecast of interest receivable and payable in the financial year.

RESOLVED:  (on a motion proposed by Councillor Couchman, seconded by Councillor Shouler and carried unanimously) to note the report.

Cabinet Member: Finance & Property

Forward Plan Ref: 2011/133

Contact: Matthew Barlow, Financial Manager – Treasury Management Tel: (01865) 323988

Report by Assistant Chief Executive & Chief Finance Officer (CA7).

The report sets out the Treasury Management activity undertaken in the first half of the financial year in compliance with the CIPFA Code of Practice. The report includes Debt and Investment activity, an update on Prudential Indicators, changes in Strategy, any Breaches of approved Strategy and a forecast of interest receivable and payable in the financial year.

The Cabinet is RECOMMENDED to note the report, and to RECOMMEND Council to note the Council’s Mid Term Treasury Management Review 2011/12.

Cabinet considered a report that set out the Treasury Management activity undertaken in the first half of the financial year in compliance with the CIPFA Code of Practice. The report included Debt and Investment activity, an update on Prudential Indicators, changes in Strategy, any Breaches of approved Strategy and a forecast of interest receivable and payable in the financial year.

The Cabinet Member for Finance & Property in introducing the report thanked the Treasury Management Team for all their efforts during a difficult financial period.

RESOLVED:             to note the report, and to RECOMMEND Council to note the Council’s Mid Term Treasury Management Review 2011/12.