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Decision details

Annual Report on the Treasury Management Service and Actual Prudential Indicators 2017/18

Decision Maker: Council

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The Annual Treasury report is a requirement of the Council’s reporting procedures.

It covers the Treasury activity for 2017/18, and the actual Prudential Indicators for 2017/18.

The report meets the requirements of both the CIPFA Code of Practice on Treasury Management and the CIPFA Prudential Code for Capital Finance in Local Authorities. The Council is required to comply with both Codes in accordance with Regulations issued under the Local Government Act 2003.

Decisions:

The Portfolio Holder for Assets and Finance informed Members that The Annual Treasury report is a requirement of the Council’s reporting procedures.

It covers the Treasury activity for 2017/18, and the actual Prudential Indicators for 2017/18.

The report meets the requirements of both the CIPFA Code of Practice on Treasury Management and the CIPFA Prudential Code for Capital Finance in Local Authorities. The Council is required to comply with both Codes in accordance with Regulations issued under the Local Government Act 2003. It also provides an opportunity to review the approved Treasury Management Strategy for the current year and enables Members to consider and approve any issues identified that require amendment.

 

RESOLVED

          That Council

 

 

  1. Approve the actual 2017/18 Prudential and Treasury Indicators within the report and shown at Appendix 1; and

 

 

  1. Accept the Annual Treasury Management Report for 2017/18.

 

(Moved by Councillor R Pritchard  and seconded by Councillor D Cook)

 

 

 

 

 

Report author: Joanne Goodfellow

Publication date: 04/07/2019

Date of decision: 11/09/2018

Decided at meeting: 11/09/2018 - Council

Accompanying Documents: