Decision - Treasury Management Policy Statement (incorporating the Annual Investment Strategy) 2007/08 - End of Year Review
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Treasury Management Policy Statement (incorporating the Annual Investment Strategy) 2007/08 - End of Year Review
Decision Maker: Finance Cabinet Member Meeting
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
1. That the action taken during the second half year to meet the treasury management policy statement and practices (including the annual investment strategy) be endorsed.
2. That it be noted that the authorised limit and operational boundary set by the Council have not been exceeded.
Reasons for the decision:
1. Treasury management is governed by a code that is recognised as ‘best and proper practice’ under the Local Government Act 2003. The Code requires a minimum of two reports per year, one of which is a report looking back at the closing year. This report fulfils this requirement.
Alternative options considered:
1. This report sets out action taken in the six months to March 2008. No alternative options are therefore considered necessary.
Report author: Peter Sargent
Publication date: 23/07/2008
Date of decision: 21/07/2008
Decided at meeting: 21/07/2008 - Finance Cabinet Member Meeting
Effective from: 29/07/2008