Issue - meetings
Treasury Management - Quarter 3 Performance 2016/17
Meeting: 01/02/2017 - Executive, Resources and Contracts Policy Development and Scrutiny Committee (Item 417)
417 TREASURY MANAGEMENT - QUARTER 3 PERFORMANCE 2016/17 
PDF 202 KB
Additional documents:
Minutes:
Report FSD17018
Members noted treasury management activity during the third quarter of 2016/17.
Investments at 31st December 2016 totalled £304.5m (excluding the balance of the Heritable investment) and at 23rd January 2017 the balance of investments stood at £331.8m. There was no outstanding external borrowing.
In response to a question from the Vice-Chairman it was confirmed that the current balance of the Parallel Fund, (set up in 2014/15 to mitigate the potential revenue impact of future actuarial Pension Fund valuations) stood at £2.88k although a balance of £2.824k was expected for the Fund at year end.
RESOLVED that the Resources Portfolio Holder be requested to note the Treasury Management performance for the third quarter, 2016/17.