Issue - meetings
Treasury Management Annual Report 2009/10
Meeting: 11/08/2010 - Executive (Item 15)
15 Treasury Management Annual Report 2009/10 PDF 133 KB
The purpose of this report is to provide information to members on borrowing and investment activity, and performance compared to prudential indicators during 2009/10. It also sets out revised requirements in the 2009 Treasury Management Code of Practice and a progress report for 2010/11 as required by the revised Code. As the Treasury Management Annual Report should be agreed by Full Council, the Executive is asked to recommend them to Full Council for approval.
Decision:
that Full Council be recommend to:
(i) adopt the 2009 Treasury Management Code of Practice (paras 3.3 – 3.5)
(ii) approve the Treasury Management Annual Report (section 3); and Annual Investment Strategy Report (section 4)
(iii) note the outturn for prudential indicators (section 5)
(iv) note the updated position in 2010/11 (para.3.25).
Minutes:
The purpose of the report from the Director of Finance and Corporate Resources was to provide information on borrowing and investment activity, and performance compared to prudential indicators during 2009/10. It also set out revised requirements in the 2009 Treasury Management Code of Practice and a progress report for 2010/11 as required by the revised Code. Councillor Butt (Lead Member, Resources) welcomed the report which was positive and asked the Executive to recommend it to Full Council for approval.
RESOLVED:-
that Full Council be recommended to:
(i) adopt the 2009 Treasury Management Code of Practice as set out in the report from the director of Finance and Corporate Resources;
(ii) approve the Treasury Management Annual Report (section 3); and Annual Investment Strategy Report (section 4);
(iii) note the outturn for prudential indicators (section 5);
(iv) note the updated position in 2010/11 (para. 3.25).