Agenda item

The recommendations were put to the vote and declared Carried.

RESOLVED:

1.  That Council Assembly noted the 2020-21 outturn for the council’s treasury management activity and that:

·  all treasury management activity was undertaken in compliance with the approved treasury management strategy and with the council’s prudential indicators, as Appendix A of the report;

·  the balance remaining on all external loans at 31 March 2021 was £886m, with £72m of new long-term borrowing drawn during the financial year, all long-term borrowing is to support the growth in capital investment.