Issue - meetings

This report updates members on recent Treasury Management activity. The Council can confirm that it has complied with its Prudential Indicators for 2012/13.  Details can be found in Appendix 1 to the report.

That the 2012/13 Treasury Management outturn report as also submitted to the Council and Audit Committee be noted;

Councillor R Moher introduced the report which updated members on recent Treasury Management activity. The Council could confirm that it had complied with its Prudential Indicators for 2012/13.  The Executive noted that the report had been submitted to the Audit Committee. Councillor Moher was pleased to report that a significant percentage of the original deposits with Icelandic banks had been recovered.

RESOLVED:

that the 2012/13 Treasury Management outturn report as also submitted to the Council and Audit Committee be noted.