Decision details
Treasury Management Performance - 2016-17 Annual Report and Prudential Indicators for Capital Finance and Treasury Management
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Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decisions:
(See pages 95 - 103 of the main agenda.)
RESOLVED:
1. That council assembly noted the 2016-17 outturn for the council’s treasury management and that:
· all treasury management activity was undertaken in compliance with the approved treasury management strategy and with the council’s prudential indicators.
· the balance remaining on all external loans at 31 March 2017 was £458m (£371m HRA and £87m general fund). Loans totaling £5m were repaid during the year. No new borrowing or debt rescheduling was undertaken during the period.
· in the year to March 2017 the average investment balance was £188m and the balance of investments at 31 March 2017 stood at £159m. The return on investments was 0.71%.
Publication date: 30/11/2017
Date of decision: 12/07/2017
Decided at meeting: 12/07/2017 - Council Assembly
Accompanying Documents: