Issue - meetings

Cabinet, at its meeting on 25 September 2020, considered the report of the interim head of finance on the outturn performance of the treasury management function for the financial year 2019/20.

The report of the interim head of finance, which the Joint Audit and Governance Committee considered on 22 September 2020 and Cabinet considered on 25 September 2020, is attached.

The Joint Audit and Governance Committee noted the treasury management outturn report 2019/20 and was satisfied that the treasury activities were carried out in accordance with the treasury management strategy and policy.

RECOMMENDATION: to

1. approve the treasury management outturn report for 2019/20; and

2. approve the actual 2019/20 prudential indicators within the report. 

Council considered Cabinet’s recommendations, made at its meeting on 25 September 2020, on the outturn performance of the treasury management function for the financial year 2019/20. The Joint Audit and Governance Committee and Cabinet had considered the interim head of finance’s report and were satisfied that the treasury activities had been carried out in accordance with the treasury management strategy and policy.

RESOLVED: to

1.         approve the treasury management outturn report 2019/20; and

2.         approve the actual 2019/20 prudential indicators within the report. 

To consider the interim head of finance’s report. 

The Cabinet member for finance and corporate assets, Councillor Andrew Crawford, introduced the treasury outturn report for 2019-20. The treasury outturn has been reviewed by the Joint Audit and Governance Committee, and it was satisfied.

RECOMMENDED to Council on 7 October 2020: to

(a) approve the treasury management outturn report for 2019/20; and

(b) approve the actual 2019/20 prudential indicators within the report.