Decision details

To consider the Treasury Management Outturn for the 2019-20 financial year

That:

1)         the report be recommended to Council;

2)        it be noted that the report was presented to Audit Committee on 29th July 2020;

3)        the managed repayment of debt over time which illustrates the increased borrowing required to fund key Council priorities, which in turn generate income streams (to repay debt) and provides revenue funding for vital statutory services (as set out in the graph in table 2 of the report), be noted;

4)        the asset value created through the Council’s capital investments compared to the debt required to generate the asset value (as set out in the graph in table 2 of the report) be noted;

5)        the capital investments made in the Council’s priorities for its community, by category (as set out in table 1 of the report) be noted;

6)        the Treasury Management report in Appendix A, that shows that all approved indicators have been adhered to and that prudent and safe management has been adhered to, be noted.