Issue - meetings
Treasury Management - Quarter 2 Performance 2017/18 & Mid-Year Review
Meeting: 29/11/2017 - Executive, Resources and Contracts Policy Development and Scrutiny Committee (Item 96)
96 TREASURY MANAGEMENT - QUARTER 2 PERFORMANCE 2017/18 & MID-YEAR REVIEW 
PDF 142 KB
Additional documents:
- Enc. 1 for Treasury Management - Quarter 2 Performance 2017/18 & Mid-Year Review, item 96
PDF 167 KB
Minutes:
Report FSD17097
The Committee considered a report summarising treasury management activity during the second quarter of 2017/18. The report also included a Mid-Year Review of the Treasury Management Strategy Statement and Annual Investment Strategy. Investments at 30th September 2017 totalled £309.4m and there was no external borrowing. For information and comparison, the balance of investments stood at £292.3m as at 30th June 2017, £290.3m as at 30th September 2016 and at £337.1m on 20th November 2017.
In response to a question from the Vice-Chairman, the Chief Accountant confirmed that the current value of the Parallel Fund was £2.872m.
RESOLVED: That the Resources Portfolio Holder be recommended to:
1. Note the Treasury Management performance for the second quarter of 2017/18;
2. Recommend that Council approves the 2017/18 prudential indicators as set out in Annex B to the report.
3. Recommend that Council approves the increase in limit to £100m for pooled funds/collective investment vehicles as set out in the report.