Agenda item

The Council noted a report of the Interim Corporate Director, Resources regarding the treasury management outturn position for 2015/16.  The report was required under the regulatory framework of Treasury Management and provided detailed information of the Council’s cash management, loans and investments activity (for copy see file of Minutes).

The Council was informed that the report also incorporated the needs of the ‘Prudential Code’, regarded as best operational practice, to ensure adequate monitoring of the Council’s capital expenditure plans and prudential indicators.