Issue - meetings

In February 2012 the Council adopted the 2011 edition of the CIPFA Treasury Management in the Public Services: Code of Practice, which requires the Council to approve a Treasury Management Strategy before the start of each financial year, review performance during the year, and approve an annual report after the end of each financial year.

This report gives details of performance against the Council’s Treasury Management Strategy and Annual Investment Plan 2016/17 for the first six months of 2016/17.

Councillor Charles Gerrish said that the Full Council had received and noted this report on 10^th November 2016.

Councillor Charles Gerrish moved the recommendations.

Councillor Vic Pritchard seconded the motion.

RESOLVED (unanimously) that the Cabinet agreed:

1)  That the Treasury Management Report to 30th September 2016, prepared in accordance with the CIPFA Treasury Code of Practice, is noted;

2)  That the Treasury Management Indicators to 30th September 2016 are noted.

This report gives details of performance against the Council’s Treasury Management Strategy and Annual Investment Plan 2016/17 for the first six months of 2016/17.

The Council considered a report giving details of performance against the Council’s Treasury Management Strategy and Annual Investment Plan 2016/17 for the first six months of 2016/17.

On a motion from Councillor Charles Gerrish, seconded by Councillor Paul Myers, it was unanimously

RESOLVED

1.  To note the Treasury Management report to 30^th September 2016, prepared in accordance with the CIPFA Treasury Code of Practice; and

2.  To note the Treasury Management Indicators to 30^th September 2016.