A report by the Interim Director of Finance, presented to the Cabinet by the Acting Deputy Chief Executive reviewed Treasury Management policies, practices and activities during the first quarter of 2012-13 and confirmed compliance with treasury limits and prudential indicators.  The report had been prepared in accordance with the revised CIPFA Treasury Management Code and the revised Prudential Code for Capital Finance in Local Authorities.

RESOLVED: That

(1)  the Treasury Management Performance Monitoring Report be noted; and

(2)  it be noted that during this quarter, the Council entered into a new lease contract for IT equipment and catering equipment to the value of £138k.