Agenda item

The Council considered a report of the Corporate Director of Resources which provided information on the Treasury Management outturn position for the year ended 31 March 2017. The report was required under the regulatory framework of Treasury Management and provided detailed information of the Council’s cash management, loans and investment 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 Councils expenditure plans and prudential indicators.

Councillor Wilkes in referring to the table under paragraph 19 requested that in future the report include an explanation of any significant variances.

Resolved: that the treasury management outturn position for 2016/17 be noted.