Issue - meetings

Treasury Management Annual Report 2014/15

Meeting: 30/07/2015 - Executive (Item 34)

34 Treasury Management Annual Report 2014/15 pdf icon PDF 179 KB

Additional documents:

Decision:

That:

1)        it be noted that the report was presented to the Audit Committee on 23 June 2015;

 

2)         Council be recommended to approve:

a)         the Treasury Management Annual Report for 2014/2015; and

 

b)         the actual 2014/2015 Prudential Indications within the report.

 

Minutes:

The Executive considered the Treasury Management Annual Report which covered the treasury activity during 2014/15 and the actual Prudential Indicators for 2014/15.

 

The Executive Member for Economic Development and Finance went through the report and highlighted a number of areas including:  the fact that the low borrowing rates had enabled the Council to finance projects at a reasonable rate; there were some capital schemes that the Council was unable to fund due to the large number of high priority schemes and the finite amount of budget; the Council’s debt and investment position and the fact that the in-house investment team had continued to outperform the external fund managers. 

 

RESOLVED that:

1)        it be noted that the report was presented to the Audit Committee on 23 June 2015;

 

2)         Council be recommended to approve:

a)         the Treasury Management Annual Report for 2014/2015; and

 

b)         the actual 2014/2015 Prudential Indications within the report.