Issue - meetings

Councillor Dick Tonge presented the annual treasury management report for the financial year ended 31 March 2014.

Cllr Tonge guided members through the report and answered members’ questions.

Resolved that Cabinet note:

a)    Prudential Indicators, Treasury Indicators and other treasury management strategies set for 2013-14 against actual positions resulting from actions within the year as detailed in Appendix A of the report presented; and

b)   investments during the year in the context of the Annual Investment Strategy as detailed in Appendix B of the report presented.

Reason for decision:

This report is required by the Prudential Code for Capital Finance in Local Authorities and the CIPFA Code of Practice for Treasury Management in the Public Services.