Issue - meetings
Treasury Management Update
Meeting: 25/07/2018 - Cabinet (Item 31)
31 Treasury Management Update Quarter 4 2017/2018 
PDF 118 KB
Lead Member – Councillor D Minnery – Portfolio Holder for Finance
Report of the Head of Finance, Governance and Assurance [Section 151 Officer]
Contact: James Walton Tel: 01743 258915
Additional documents:
- Appendix A Quarter 4 201718, item 31
PDF 303 KB
- Appendix B Q4 201718, item 31
PDF 45 KB
- Appendix C Q4 201718, item 31
PDF 82 KB
Decision:
RESOLVED:
That the position as detailed in the report, be accepted.
Minutes:
The Portfolio Holder for Finance presented a report from the Head of Finance, Governance and Assurance (Section 151 Officer) outlining the treasury management activities of the Council during the last quarter. Responding to a Member’s concern regarding the level of return on investment, the Portfolio Holder explained that investment plans for the future were being developed to generate risk free income in future.
The Leader added that there were restrictions on Council investments that had to be adhered to. The Head of Finance, Governance and Assurance drew attention to the Council’s Treasury Policy and stated that a higher level of risk would be generated by a higher level of return.
RESOLVED:
That the position as detailed in the report, be accepted.