Decision details

Treasury Management Year-End Performance 2017/18

Decision Maker: Strategy and Resources Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

The Committee:

(1)            Received the report on the Council’s treasury management performance 2017/18.

(2)            Approved the actual 2017/18 prudential indicators.

(3)            Noted MCHLG’s Statutory Guidance on Local Government Investements.

(4)            Noted the suspension of further out-of-borough investment property acquisitions, where the main purpose is purely to profit, until further guidance or case law is published that clarifies the Council’s related vires.

Note:  Two Councillors abstained from agreeing to note recommendation 4 above.

 

Report author: Brendan Bradley

Publication date: 26/09/2018

Date of decision: 25/09/2018

Decided at meeting: 25/09/2018 - Strategy and Resources Committee

Accompanying Documents: