Decision details

Half Yearly Monitoring report on Treasury Management activities 2018-19.

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To report on treasury management operational activities for the period 1 April to 30 September 2018.

Decision:

(1) That the half-year treasury management performance 2018/2019, as detailed within the considered report, be noted.

 

(2) That approval be given to amending the Council’s current investment strategy to include the Local Authority Property Fund as a potential investment source.

 

(3) That it be noted that Officers will further explore an investment opportunity of between £5m and £10m in the Fund, and that subject to further Government clarification on the statutory override, and other risk considerations, any such proposals be formalised into the forthcoming 2019/2020 Annual Treasury Management Strategy and Annual Budget for further consideration.

Report author: Jenny Bryce-Chan

Publication date: 13/12/2018

Date of decision: 11/12/2018

Decided at meeting: 11/12/2018 - Cabinet

Accompanying Documents: