Issue - meetings

Purpose: to ensure the adequate monitoring of the treasury management activities and that the council’s prudential indicators are reported to council mid-year.  The report provides details of the treasury activities for the first six months of 2014/15 and an update on the current economic conditions with a view to the remainder of the year. 

Cabinet considered the head of finance’s report that monitored the treasury management performance for the first half of 2014/15. Cabinet noted that the Audit and Corporate Governance Committee had considered the report and had raised no concerns. Cabinet was content with the performance also and congratulated the officers.

RESOLVED: to recommend Council on 19 February 2015 to:

(a)   approve the treasury management mid-year monitoring report 2014/15; and

(b)   note that Cabinet is content with the mid-year treasury management performance for 2014/15.