Issue - meetings

To consider the Treasury Management – Mid Year Report.

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