Decision details

Treasury management outturn 2012/13

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

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: