Further to minute 322 (Cabinet – 21 February 2012), the Deputy Chief Executive/Director of Finance presented the Treasury Management and Investment Strategy for 2012-2015, in accordance with the CIPFA Code of Practice for Treasury Management in Public Services. Effective treasury management provided support towards the achievement of business and service objectives and he indicated that the Council was committed to the principles of achieving value for money in treasury management and to employing suitable comprehensive performance measurement techniques, within the context of effective treasury management. He outlined the purpose of the Treasury Management Strategy Statement and highlighted the main risks to the treasury activities.

Resolved – That the Treasury Management and Investment Strategy for 2012-2015 be noted.