(See pages 41-49 of the main agenda)
1. That council assembly notes this 2015-16 outturn report on treasury management and that:
· 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.