Issue - meetings

The Executive Member for Finance and Support Services submitted a report reviewing the Council’s treasury management activities for 2016/17 including the prudential indicators and which identified the associated impact on the 2017/18 Treasury Management Strategy. 

The Head of Strategic Finance and Property provided a positive update in terms of the interest rates being achieved.

The Head provided an update of the Council’s key investment projects.  Councillor K Crofton asked for further information on the Walkern development windfall and sought further information about how this would be spent.  The Head of Strategic Finance and Property said she would look into this and advise Members. 

The Committee Chairman queried the revised CIPFA codes and whether it would be useful to see these.  The Head of Strategic Finance and Property explained that she would write to all Members if the Council was impacted by these changes.

It was moved by Councillor J Wyllie and seconded by Councillor K Crofton that the Annual Treasury Review 2017/18 Outturn and Prudential Indicators be approved, including an update on the Walkern Development windfall.  After being put the meeting and a vote taken, the motion was declared CARRIED.

          RESOLVED – that (A) the 2017/18 Treasury           Management Activity and Prudential          Indicators be approved; and

          (B)     the Head of Strategic Finance and      Property provide an update to Members on the Walkern Development windfall.