Decision details
Treasury Management Annual Report and Review of Prudential Indicators 2011-12
Decision Maker: Executive
Decision status: Decision Made
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
Purpose of Report: This is a statutory report
for Treasury Management and Prudential Indicators. Members are
asked to note the contents of the report.
This report will now be taken to the July meeting (instead of
September) as it relates to the end of the financial year at 31
March 2012 and it is therefore more timely to report to cabinet in
July 2012.
Decision:
RESOLVED: That in accordance with the Local Government Act 2003 Cabinet agrees to:
i) Note the 2011/12 performance of the Treasury Management activity.
ii) Note the change in the funding of the Housing Revenue Account from the subsidy system to the HRA Self Financing system.
iii) Note the movements in the Prudential Indicators as set out in Annex A of the report.
REASON: To ensure the continued performance of the Council’s Treasury Management function and the affects of the HRA reform on treasury management activities can be monitored.
Report author: Louise Branford-White
Publication date: 17/07/2012
Date of decision: 17/07/2012
Decided at meeting: 17/07/2012 - Executive
Effective from: 20/07/2012
Accompanying Documents: