Issue - meetings

Treasury Management Strategy 2016/17 - Mid Year Review

Meeting: 23/11/2016 - Audit and Governance Committee 2016 - 2017 (Item 448)

448 Treasury Management Strategy 2016/17 - Mid Year Review pdf icon PDF 71 KB

Additional documents:

Minutes:

The Executive Member for Finance and Support Services submitted a report which reviewed the Council’s Treasury Management activities for the first six months of 2016/17 financial year, including the prudential indicators.  The Head of Strategic Finance and Property provided a summary of the report.

 

The Chairman sought and was given clarification on a number of issues including information regarding borrowing, the impact on interest rates following Brexit, the Council’s choice of banking institutions used and investment diversification.

 

The Committee approved the Treasury Management activity and prudential indicators for the first six months of 2016/17 financial year.

 

RESOLVED – that the Treasury Management activity and prudential indicators for the first 6 months of 2016/17 financial year be approved.