Decision details

To consider the Treasury Management Mid-Year Report 2020-21.

That:

1)              Appendix A, the Treasury Management Mid-Year report which was agreed at Audit Committee on 23rd November 2020, be noted;

2)              it be noted that all approved indicators set out in the Treasury Management Strategy have been adhered to and that prudent and safe management has been maintained;

3)              the table in the report which shows the net benefit per council tax payer, from the income generated less the financing costs on all borrowing to date, equates to £7.20 which is 0.47% of the average band D council tax charge, be noted. This credit provides income to the Council to invest in its priority services;

4)              the report be noted and recommended to Council.