Issue - items at meetings - Treasury Management Policy Statement (incorporating the Annual Investment Strategy) 2007/08 - End of Year Review

Report of the Director of Finance & Resources (copy attached).

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.

27.1       The Cabinet Member considered a report of The Director of Finance & Resources concerning the action taken during the second half of the financial year 2007/2008 on the Treasury Management Policy Statement, including the investment strategy.  The action for the first half year was reported to the Financial Management Sub-Committee on 23 November 2007 (for copy see minute book).

27.2       RESOLVED – That having considered the information and the reasons set out in the report, the Cabinet Member accepted the following recommendations:

(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.