Decision - Treasury Management Policy Statement (incorporating the Annual Investment Strategy) 2008/09 - End of year review

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Decision details

Treasury Management Policy Statement (incorporating the Annual Investment Strategy) 2008/09 - End of year review

Decision Maker: Cabinet (pre 2012)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

That Cabinet:

 

(a)       endorse the action taken during the second half year to meet the treasury management policy statement and practices (including the annual investment strategy);

 

(b)       note the authorised limit and operational boundary set by the Council have not been exceeded; and

 

(c)       note that all Members will be offered training on the risks involved in borrowing and investments on an annual basis.

Reasons for the decision:

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:

This report sets out action taken in the six months to March 2009. No alternative options are therefore considered necessary.

Report author: Peter Sargent

Publication date: 10/07/2009

Date of decision: 09/07/2009

Decided at meeting: 09/07/2009 - Cabinet (pre 2012)

Effective from: 17/07/2009

Accompanying Documents:

 


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