Decision details

TREASURY MANAGEMENT - PERFORMANCE Q2 2016/17 & MID-YEAR REVIEW

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

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

That Treasury Management performance for the second quarter of 2016/17 be noted and Council be recommended to approve the 2016/17 prudential indicators as set out in Annex B1 to the report.

Reasons for the decision:

The CIPFA code of Practice on Treasury Management requires the Council to receive a mid-year Treasury Management review. The report includes details of investment performance in the second quarter of 2016/17. In line with government guidance, the Council’s policy is to seek the highest rate of return on investments whilst maintaining appropriate levels of risk, particularly security and liquidity.    

Publication date: 24/11/2016

Date of decision: 24/11/2016

Effective from: 02/12/2016

Accompanying Documents: