Decision details

Treasury Management Outturn Annual Report

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To comply with the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Treasury Management (2001) and under the prudential borrowing regime, it is necessary to report as soon as practicable after the year end on the performance of the treasury management function and its activities.

Decisions:

This report provided an overview of treasury management activity during 2009/2010. The report covered a number of issues including the Council’s treasury position as at 31 March 2010, performance measurement, the strategy for 2009/2010, borrowing and investment rates, the borrowing outturn, compliance with treasury limits and prudential indicators, investment outturn and debt rescheduling.

 

It was noted that this report would be referred to Audit Committee on 30 June 2010 for consideration and approval.

 

Decision number:

Decision:

81/2010

The Cabinet noted the content of the report and recommended it to the Audit Committee, in accordance with the CIPFA Code of Practice.

Reasons:

In line with CIPFA’s Code of Treasury Management Practice an annual report must be taken to Cabinet detailing the Council’s treasury management outturn within six months of the close of each financial year.

Report author: Andy Larkin

Publication date: 11/10/2010

Date of decision: 29/06/2010

Decided at meeting: 29/06/2010 - Cabinet

Accompanying Documents: