Council meetings

Decision details

Treasury Management Mid-Year Update

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No


Having considered an officer report, and a presentation by the Cabinet

Member for Resources, Councillor Kevin Bonavia, the Mayor agreed that:


(1) macro economic context, performance of investments to date, updates on

capital expenditure and borrowing in line with CIPFA requirements and the

Council’s treasury management strategy be noted:


(2) changes to the Treasury Indicators and Limits in respect of the fixed

interest rate borrowing to reflect the maturing structure of the existing

borrowing portfolio be noted;


(3) officers be authorised to work to explore the options, as a non-specified

investment, of pooled investment funds and residential mortgage backed

securities for periods of greater than twelve months and that, if required,

changes to non-specified investments in the Annual Investment Strategy be

brought forward when the treasury strategy is reset with the budget in

February 2017.

Publication date: 09/12/2016

Date of decision: 07/12/2016

Decided at meeting: 07/12/2016 - Mayor and Cabinet

Accompanying Documents: