Decision details

MID YEAR REPORT ON THE TREASURY MANAGEMENT ACTIVITIES AND PRUDENTIAL INDICATORS 2019/20

Decision Maker: Cabinet, Council

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

An update on Treasury Management performance for 2019/20.

Decision:

(1)  Cabinet REFERRED the mid-year position on treasury activity for 2019/20 to Council for noting;

 

(2)  Cabinet REFERRED the mid-year position on the prudential indicators for 2019/20 to Council for approval;

 

(3)  Cabinet RECOMMENDED to Council that a new Treasury Management Provision Reserve be established from 2019/20, with delegated authority given to the Director for Corporate Services to determine the affordable amount to contribute into this each year during the statutory override period.

Report author: Dawn Garton

Publication date: 29/11/2019

Date of decision: 27/11/2019

Decided at meeting: 27/11/2019 - Cabinet

Accompanying Documents: