Issue - meetings
Treasury management outturn 2017/18
Meeting: 11/10/2018 - Council (Item 30)
30 Treasury management outturn 2017/18 
PDF 266 KB
Cabinet, at its meeting on 4 October 2018, will consider the head of finance’s report on the outturn performance of the treasury management function for the financial year 2017/18.
The report of the head of finance, which Cabinet will consider on 4 October 2018, is attached. The Joint Audit and Governance Committee considered the report at its meeting on 27 September 2018 and made no recommendations to Cabinet.
The recommendations of Cabinet will be circulated to all councillors.
Additional documents:
- Appendix A - Interest rate forecasts 2017-2018, 04/10/2018 Cabinet, item 30
PDF 34 KB
- Appendix B - Prudential Limits 2017-2018, 04/10/2018 Cabinet, item 30
PDF 93 KB
- Appendix C - South Treasury activities 2017-2018, 04/10/2018 Cabinet, item 30
PDF 231 KB
- Appendix D - Vale Treasury activities 2017-2018, 04/10/2018 Cabinet, item 30
PDF 165 KB
- Appendix E - Treasury Investments as at 31 March 2018, 04/10/2018 Cabinet, item 30
PDF 42 KB
- Appendix F - Glossary of terms, 04/10/2018 Cabinet, item 30
PDF 77 KB
Minutes:
Council considered Cabinet’s recommendations, made at its meeting on 4 October 2018, on the outturn performance of the treasury management function for the financial year 2017/18.
The Joint Audit and Governance Committee and Cabinet had considered the head of finance’s report and were satisfied that the treasury activities had been carried out in accordance with the treasury management strategy and policy.
Councillor Murphy, Leader of the council, provided an assurance that next year’s report will include the date of investment placements in the appendix accompanying the treasury report.
RESOLVED: to
1. approve the treasury management outturn report for 2017/18 attached to the report of the head of finance to the Cabinet meeting on 4 October 2018;
2. approve the actual 2017/18 prudential indicators within the head of finance’s report.
Meeting: 04/10/2018 - Cabinet (Item 39)
39 Treasury management outturn 2017/18 PDF 266 KB
To consider the head of finance’s report.
Additional documents:
- Appendix A - Interest rate forecasts 2017-2018, item 39
PDF 34 KB
- Appendix B - Prudential Limits 2017-2018, item 39
PDF 93 KB
- Appendix C - South Treasury activities 2017-2018, item 39
PDF 231 KB
- Appendix D - Vale Treasury activities 2017-2018, item 39
PDF 165 KB
- Appendix E - Treasury Investments as at 31 March 2018, item 39
PDF 42 KB
- Appendix F - Glossary of terms, item 39
PDF 77 KB
Minutes:
Cabinet considered the head of finance’s report on the treasury outturn in 2017/18. The report had been considered by the Joint Audit and Governance Committee, which was satisfied that the treasury activities had been carried out in accordance with the treasury management strategy and policy.
Cabinet welcomed the report, noting that performance had exceeded targets.
Linked to longer term income from investments, Cabinet noted that the leader had asked officers to explore capital investments, linked directly to the benefit of residents and the council’s statutory duties, that also returned an income for the council. Cabinet welcomed this but recognised that this would require an amendment to the treasury management and investment strategy.
RECOMMENDED to Council to:
(a) approve the treasury management outturn report 2017/18; and
(b) approve the actual 2017/18 prudential indicators within the report.