Issue - meetings

Treasury Management Annual Report 2012/13

Meeting: 19/08/2013 - Cabinet (Item 53)

53 Treasury Management Annual Report 2012/13 pdf icon PDF 68 KB

To consider the Treasury Management Annual Report for 2012/13.

Additional documents:

Minutes:

Cabinet considered the Treasury Management Annual Report for 2012/13.

 

The report dealt with:

  • the Council’s treasury year-end position
  • forecast prospects for interest rates for 2012/13
  • interest rate outturn for 2012/13
  • compliance with treasury limits
  • investment strategy for 2012/13
  • borrowing strategy for 2012/13
  • economic events of 2012/13
  • Prudential indicators 2012/13

 

The Portfolio Holder for Finance pointed out that in accordance with Council policy, external borrowing was being maintained at the current level but that existing loans were being replaced with cheaper options.

 

RESOLVED

 

That the Treasury Management Annual Report for 2012/13 as detailed in Appendix A to the report be noted.