Issue - meetings

Report by Carolyn Godfrey, Corporate Director

Cabinet member Cllr Dick Tonge presented the quarterly Treasury Management Report which covered the first quarter of 2014/15,

ending 30 June 2014.

The report reviewed management actions in relation to:

a) the Prudential Indicators, Treasury Management Indicators originally set for the year and the position as at 30 June 2014;

b) other treasury management actions during the period; and

c) the approved Annual Investment Strategy

Cllr Tonge guided members through the quarterly report and together with Michael Hudson, Associate Director for Finance, answered member’s questions.

Resolved:

That Cabinet note the contents of this report in line with the Treasury Management Strategy.

Reason for decision

To give members of the Cabinet an opportunity to consider the performance of the Council in the period to the end of the quarter against the parameters set out in the  approved Treasury Management Strategy for 2014/15.

This report is a requirement of the Council’s Treasury Management Strategy.