Issue - meetings

The Corporate Director (s151) submitted a report (previously circulated) in order to report on treasury management activities for the financial year 2010/11 in accordance with the Chartered Institute of Public Finance and Accountancy’s (CIPFA) Code of Practice on Treasury Management (the code).

The report gave an update and further details on the following areas of treasury management.

·        Treasury position as at 31 March 2011

·        The Strategy for 2010/11

·        The Economy and Interest Rates

·        Compliance with Treasury Limits

·        Investment Rates in 2010/11

·        Investment Outturn for 2010/11

Resolved

a.    That the annual treasury report for 2010/11 be noted.

b.    That the actual 2010/11 prudential and treasury indicators in the report be approved.