Decision details

Treasury Management Monitoring 2014/15 (Mid-Year Report)

Decision Maker: Cabinet

Decision status: For Determination

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 by the Director of Resources that presented a review of Treasury Management policies, practices and activities during the first 6 months of 2014/15.  The Director 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. 


The Cabinet approved the Treasury Management and Investment Strategy at the start of each financial year.  It identified proposals to finance capital expenditure, borrow and invest in the light of capital spending requirements, the interest rate forecasts and the expected economic conditions.  At the end of each financial year the Cabinet received an Annual Report which detailed performance against the Strategy.  In accordance with the revised Treasury Management Code the updated report was presented to the Cabinet. 


Councillor Phil Davies informed that this was a useful technical report that looked at the broad economic context and investment.  He thanked those officers who had worked hard on it.




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


Councillors Pat Hackett and Adrian Jones left the meeting whilst the next item of business was under discussion.

Publication date: 13/11/2014

Date of decision: 06/11/2014

Decided at meeting: 06/11/2014 - Cabinet

Effective from: 21/11/2014

Accompanying Documents: