Agenda item

*RESOLVED –

(1)         That the report be noted.

(2)         That it be recommended to Full Council to:

(i)       Note the outturn Prudential Indicators for 2014/15;

(ii)      Note the treasury management stewardship report for 2014/15;

(iii)     Note the treasury management position for the first five months of 2015/16;

(iv)    Approve the proposed changes to the investment arrangements and limits (Section 5).

(3)         That Standards and Audit Committee be recommended to scrutinise the report and propose any changes to Full Council.

The Chief Finance Officer submitted a report on the Annual Treasury Management Report for 2014/15 and Treasury Management activities for the first five months of 2015/16.

The report was to be considered by the Standards and Audit Committee before being presented to Full Council for approval.

*RESOLVED –

(1)         That the report be noted.

(2)         That it be recommended to Full Council to:

(i)       Note the outturn Prudential Indicators for 2014/15;

(ii)      Note the treasury management stewardship report for 2014/15;

(iii)     Note the treasury management position for the first five months of 2015/16;

(iv)    Approve the proposed changes to the investment arrangements and limits (Section 5).

(3)         That Standards and Audit Committee be recommended to scrutinise the report and propose any changes to Full Council.

REASON FOR DECISIONS

To comply with the Council’s Treasury Management Policy and Practices, the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Practice on Treasury Management (2009) and the CIPFA Prudential Code for Capital Finance in Local Authorities (2009).