Issue - meetings

Review of Prudential Limits and Treasury Maangement Outturn 2016/17

Meeting: 12/06/2017 - Governance Committee (Item 4)

4 Review of Prudential Limits and Treasury Management Outturn 2016/17 pdf icon PDF 177 KB

Report of the Section 151 Officer detailing the Treasury Management activities 2016/17, attached.

Additional documents:

Minutes:

The Committee considered the report of the Section 151 Officer detailing the Treasury Management activities and performance for 2016/17 against the approved Prudential Indicators for External Debt and Treasury Management. 

 

RESOLVED:

(i)  That the Treasury Management activities for 2016/17 and the outturn on the Prudential Indicators be noted;

(ii)  That the continued proactive approach to Treasury Management had led to reductions in borrowing costs and safeguarded investment income during the year be noted;

(iii)  That authority to the Section 151 Officer to make any future changes which benefit the authority be continued and reported back at the next Treasury Management update; and

(iv)  That due to timing of the report changes may still be required following finalisation of capital and revenue budgets and therefore any significant changes to the report would be highlighted in the final version presented to Full Council on 19th July 2017.