Decision details

TREASURY MANAGEMENT - ANNUAL REPORT 2015/16

Decision Maker: Portfolio Holder for Resources, Commissioning and Contracts Management

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes

Decision:

That the Treasury Management Annual Report 2015/16 is noted and the actual prudential indicators within the report are approved.

Reasons for the decision:

The CIPFA Code of Practice on Treasury Management requires the Council to approve an annual treasury management strategy in advance of each year, a mid-year review and an annual report comparing actual activity to the strategy. The report also includes an update on the Council’s investment with Heritable Bank. Investments as at 31st March 2016 totalled £285.5m (excluding the balance of the Heritable investment) and there was £24.4m of temporary external borrowing. The report will be referred to full Council.  

Publication date: 19/07/2016

Date of decision: 19/07/2016

Effective from: 27/07/2016

Accompanying Documents: