Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Cabinet considered the head of finance’s report on the council’s treasury management activities during 2012/13. Despite a fall in market interest rates during 2012/13, the council’s investments generated income of £553,000. This was £136,000 above the original budget estimate and was above the industry average for 2012/13. Cabinet welcomed this news.
RESOLVED: to recommend Council to:
(a) approve the treasury management outturn report 2012/13; and
(b) approve the actual 2012/13 prudential indicators within the report.
Report author: William Jacobs
Publication date: 09/10/2013
Date of decision: 04/10/2013
Decided at meeting: 04/10/2013 - Cabinet
Effective from: 16/10/2013
Accompanying Documents:
01235 422520
(Text phone users add 18001 before dialing)
Vale of White Horse District Council
Abbey House, Abbey Close,
Abingdon
OX14 3JE