62 Treasury Management - Mid Year Report PDF 130 KB
To consider the Treasury Management – Mid Year Report.
Minutes:
The Committee considered the Treasury Management Mid Year report.
During the discussion of this item, the following points were made:
· The report provided a summary review of Treasury Management activities during the first six months of 2019/20. The report reviewed the performance of the treasury management function.
· Members were informed of the forecast outturn saving of £500k (an over achievement on investments £390k, and saving on debt charges of £110k).
RESOLVED: That
1) the Committee recommend to Executive the mid-year position on the treasury management portfolio;
2) it be noted that the Council has worked within approved parameters;
3) the forecast outturn saving of £500k (an over achievement on investments £390k, and saving on debt charges of £110k), be noted