Decision details

Treasury management performance - 2015/16 annual report and prudential indicators

Decision Maker: Council Assembly

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No


To note the treasury management performance and outturn for prudential indicators on capital finance, debt and investments 2015/16


(See pages 41-49 of the main agenda)




1.  That council assembly notes this 2015-16 outturn report on 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 loans at 31 March 2016 was £463m (£371m Housing Revenue Account and £92m General Fund).  Loans totalling £6.4m were repaid during the year.  No new borrowing or debt rescheduling were undertaken during the period. 


·  in the year to March 2016 the sum invested averaged £237m and the balance of investments at 31 March 2016 stood at £144m.  The average return on investments was 0.77% (0.73% 2014-15). 


·  following the result of the European Union referendum vote no immediate changes to our overall treasury management strategy are proposed. 

Report author: Duncan Whitfield

Publication date: 16/08/2016

Date of decision: 13/07/2016

Decided at meeting: 13/07/2016 - Council Assembly

Accompanying Documents: