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:

 

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