Issue - meetings

This report presents the annual treasury management review of activities and the actual prudential and treasury indicators for 2014/15.

Resolved:   That, in accordance with the Local Government Act 2003 the Executive:

(i)        Notes the 2014/15 performance of Treasury Management activity and

(ii)       Notes the compliance with and movements of the Prudential Indicators in Annex A of the report.

Reason:     To ensure the continued performance of the Council’s Treasury Management function can be monitored.

[See also Part B minute]

The Executive considered the annual treasury management review of activities and the prudential and treasury indicators for 2014/15, as required by regulations issued under the Local Government Act 2003.

The position for 2014/15 compared to 2013/14 was summarised, with total borrowing at the start of the year at £311.3m and ending  at £317.4m, split between the General Fund and Housing Revenue Account. Details of the interest and investment rates applicable over this period were reported at paragraphs 12 to 16 and prudential indicators for 2014/15 at Annex A.

Resolved:   That, in accordance with the Local Government Act 2003 the Executive:

(i)        Notes the 2014/15 performance of Treasury Management activity and

(ii)       Notes the compliance with and movements of the Prudential Indicators in Annex A of the report.

Reason:     To ensure the continued performance of the Council’s Treasury Management function can be monitored.