Decision details

Treasury Management Monitoring Mid-Year 2015/16

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


Update on treasury and cash management activities and the Prudential Indicators


Councillor Phil Davies introduced a report of the Acting Section 151 Officer which reviewed Treasury Management policies, practices and activities during the first 6 months of 2015/16. It projected a £2.5 million underspend in 2015/16 and confirmed compliance with treasury limits and prudential indicators being prepared in accordance with the CIPFA Treasury Management Code and the Prudential Code for Capital Finance in Local Authorities. 


Councillor Phil Davies commented upon the good work of Finance officers in the use of internal resources which was more cost effective than undertaking longer term external borrowing.




That the Treasury Management Performance Monitoring Report be accepted in meeting the Council’s obligations under the Treasury Management Code.

Report author: Tom Sault

Publication date: 12/11/2015

Date of decision: 05/11/2015

Decided at meeting: 05/11/2015 - Cabinet

Effective from: 20/11/2015

Accompanying Documents: