Agenda item

The Committee considered a report of the Corporate Director of Resources which provided an update on the overall value of the Pension Fund investments to 30 June 2022, the movement in cash balances during the last four quarters (for copy see file of Minutes).

Councillor B Kellett noted Appendix 1 referred to interest on short-term investments and asked as regards interest on short term investments, noting a significant increase between 30 September 2021 and 30 June 2022.  The Finance Manager (Revenue, Pensions and Technical), Jo McMahon noted that she would clarify the figures in the report and come back to the Committee with further information.

Resolved:

That the information contained in the report be noted.