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Issue

Issue - meetings

Treasury Management Mid Year Review

Meeting: 11/02/2020 - Full Council (Item 10.)

10. Treasury Management Mid-Year Review 2019/20 pdf icon PDF 777 KB

To receive and consider the recommendations of the Cabinet meeting held on 4 February (to follow), the report for which is attached.

Additional documents:


Meeting: 04/02/2020 - Cabinet (Item 12.)

12. Treasury Management Mid Year Review 2019-20 pdf icon PDF 777 KB

The report by the Director of Finance (Section 151 Officer) outlines the Council's performance against the treasury management indicators approved by the Council on 19 March 2019.  The purpose of the report is to inform members and the wider community of the Council’s Treasury Management position at 30 September 2019.   In March 2009 the Chartered Institute of Public Finance and Accountancy (CIPFA) Treasury Management Panel issued a bulletin relating to Treasury Management in Local Authorities. The bulletin states that “in order to enshrine best practice it is suggested that authorities report formally on Treasury Management activities at least twice yearly and preferably quarterly”. The report in Appendix A covers the first six months of 2019/20.

 

(This report also goes to the City Council 11 February 2020.)

 

RECOMMENDED that:

(1)  It be noted that there have been no breaches of the Treasury Management Policy 2019/20 in the period up to 30 September 2019.

 

(2)  The actual Treasury Management indicators for September 2019 in Appendix A be noted.

Decision:

 

RECOMMENDED to Council that:

(1)       It be noted that there have been no breaches of the Treasury Management Policy 2019/20 in the period up to 30 September 2019.

 

(2)       The actual Treasury Management indicators for September 2019 in Appendix A be noted.