Decision Maker: Cabinet, Council
Decision status: Implemented
Is Key decision?: Yes
Is subject to call in?: Yes
To consider a report providing members with a
review of activities and the actual prudential treasury
The Cabinet had before it a *report of the Deputy Chief Executive (S151) providing Members with a review of activities and the actual prudential treasury indicators for 2018/19.
The Cabinet Member for Finance outlined the contents of the report stating that the report highlighted the overall treasury position, the performance of investments and the material changes in policy. The net debt had reduced and there had been no new external borrowing. The financial year 2018/19 overall was a good year for Treasury. The internally managed investments achieved income above budget of £147k, while the CCLA dividends of £214k were above budget by £9k.
a) The treasury activities for the year be noted;
b) The actual 2018/19 prudential and treasury indicators in the report be approved.
(Proposed by the Chairman)
Note: *Report previously circulated, copy attached to minutes.
Report author: Andrew Jarrett
Publication date: 02/07/2019
Date of decision: 27/06/2019
Decided at meeting: 27/06/2019 - Cabinet
Effective from: 06/07/2019