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Annual Report on the Treasury Management Service and Actual Prudential Indicators 2016/17

Meeting: 12/09/2017 - Council (Item 25)

25 Annual Report on the Treasury Management Service and Actual Prudential Indicators 2016/17 pdf icon PDF 1001 KB

(The Report of the Portfolio Holder for Assets and Finance)

Minutes:

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 2016/17 and the actual Prudential Indicators for 2016/17.
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 Members

1

approved the actual 2016/17 Prudential Indicators within the report; and

 

2

accepted the Treasury Management Stewardship Report for 2016/17

 

 

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

 


Meeting: 07/09/2017 - Cabinet (Item 30)

30 Annual Report on the Treasury Management Service and Actual Prudential Indicators 2016/17 pdf icon PDF 1002 KB

(The Report of the Portfolio Holder for Assets and Finance)

Minutes:

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 2016/17, and the actual Prudential Indicators for 2016/17.
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 Members asked Council to

1

approve the actual 2016/17 Prudential Indicators within the report; and

2

accept the Treasury Management Stewardship Report for 2016/17

 

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