Issue - meetings

The Chief Finance Officer to present a report which outlines the annual treasury management review of activities and the actual prudential and treasury indicators for 2020/21.

Resolved:  That the 2020/21 performance of treasury management activity and prudential indicators outlined in Annex A to the report be noted.

Reason:     To ensure the continued performance of the treasury management function can be monitored and to comply with statutory requirements

The Chief Finance Officer presented a report which outlined the annual treasury management review of activities and the actual prudential and treasury indicators for 2020/21

The report included details of the effect on interest rates of the government’s response to the Covid-19 pandemic and the consequent reduction in rates of investment earnings. 

The report had been reviewed and scrutinsed by Audit & Governance Committee at their meeting on 16 June 2021.

Resolved:  That the 2020/21 performance of treasury management activity and prudential indicators outlined in Annex A to the report be noted.

Reason:     To ensure the continued performance of the treasury management function can be monitored and to comply with statutory requirements