Issue - items at meetings - TREASURY MANAGEMENT POLICY STATEMENT 2011/12 (INCLUDING ANNUAL INVESTMENT STRATEGY 2011/12)- MID YEAR REVIEW

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Issue - meetings

TREASURY MANAGEMENT POLICY STATEMENT 2011/12 (INCLUDING ANNUAL INVESTMENT STRATEGY 2011/12)- MID YEAR REVIEW

Meeting: 20/12/2011 - Audit Committee (Item 44)

44 Treasury Management Policy Statement 2011/12 (including Annual Investment Strategy 2011/12) Mid Year Review- For Information pdf icon PDF 46 KB

Report of the Director of Finance (copy attached).

Additional documents:

Decision:

RESOLVED- That the Audit Committee notes the report.

Minutes:

44.1.         The Committee considered a report of the Director of Finance that provided a Mid-Year Review of the Treasury Management Policy Statement 2011/12 (including the Annual Investment Strategy 2011/12).

 

44.2.      The Director of Finance added that the report was provided to the Committee for information as the body charged with governance.

 

44.3.      Councillor Follett noted lender options on loan agreements and enquired how the Authority would respond to a change in the interest rates on loans.

 

44.4.      The Director of Finance replied that this was not pre-determined and a decision would be made on the merits of the individual case governed by the requirement to spread risk and minimise exposure to the Authority.

 

44.5.      The Chairman noted that the Loans and Technical Manager had attended previous meetings. He suggested he be invited back if it would be of benefit to the Committee.

 

44.6.       RESOLVED- That the Audit Committee notes the report.


 


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