33 Annual Report on the Treasury Management Service and Actual Prudential Indicators 2020/21 PDF 1 MB
(Report of the Portfolio Holder for Finance and Customer Services)
Minutes:
The Annual Treasury report of the Portfolio Holder for Finance and Customer Services is a requirement of the Council’s reporting procedures.
It covers the Treasury activity for 2020/21, and the actual
Prudential Indicators for 2020/21.
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;
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(Moved by Councillor M Bailey and seconded by Councillor Dr S Peaple)
Councillor R Pritchard mentioned that this was the first time in 16 years he had not presented this report he wanted his thanks noted to all the staff past and present for their help over the years to prepare and produce these reports.
39 Annual Report on the Treasury Management Service and Actual Prudential Indicators 2020/21 PDF 1 MB
(Report of the Portfolio Holder for Finance and Customer Services)
Minutes:
Report of the Portfolio Holder for Finance and Customer Services updated Cabinet on the Annual Treasury report. This report is a requirement of the Council’s reporting procedures. It covers the Treasury activity for 2020/21, and the actual Prudential Indicators for 2020/21
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 Cabinet asks Council to
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1. |
Approve the actual 2020/21 Prudential and Treasury Indicators within the report and shown at Appendix 1;
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2. |
Accept the Annual Treasury Management Report for 2020/21; and
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3. |
Approve the continuing investment of c. £8m in property funds before March 2022 as previously planned.
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(Moved by Councillor R Pritchard and seconded by Councillor S Doyle) |