Agenda item

Treasury Management Performance - 2016-17 Annual Report and Prudential Indicators for Capital Finance and Treasury Management

Council assembly is asked to note the treasury management performance report.

Minutes:

(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%.

Supporting documents: