Issue - meetings

Revenue and Capital Budget Update - Treasury Management Outturn 2018/19

 

 

Meeting: 19/09/2019 - Council (Item 45)

45 Revenue and Capital Budget Update - Treasury Management Outturn 2018/19 pdf icon PDF 244 KB

Report of the Head of Corporate Resources

Minutes:

The Council considered the report of the Head of Corporate Resources that detailed the treasury management activities undertaken to 31 March 2019.  The report indicated that the Cabinet and Audit and Governance Committee had also considered the report.

 

It was moved by Councillor Fairclough, seconded by Councillor Hardy and

 

RESOLVED:

 

That the Revenue and Capital Update, Treasury Management Outturn 2018/19 be noted.

 

Meeting: 25/07/2019 - Cabinet (Item 21)

21 Revenue and Capital Budget Update - Treasury Management Outturn 2018/19 pdf icon PDF 235 KB

Report of the Head of Corporate Resources

Minutes:

 

The Cabinet considered the report of the Head of Corporate Resources that provided Members with details of the treasury management activities undertaken to 31 March 2019. The outturn report allowed the Cabinet to review against the Treasury Management Policy and Strategy and Prudential Indicators. The report advised that the Audit and Governance Committee had considered the report and detailed that its role was to scrutinise the treasury management policies and practices.

 

The Leader of the Council thanked the Council workforce and Officers who had worked hard to ensure that the budget was properly managed and balanced.

 

Decision Made:   That:

 

(1)

the Treasury Management position to 31 March 2019 and the update to 31 May 2019, be noted; and

 

(2)

the effects of decisions taken in pursuit of the Treasury Management Strategy, be reviewed and noted along with the implications of changes resulting from regulatory, economic and market factors affecting the Council’s treasury management activities.

 

Reasons for the Decision:

 

To ensure that Members are fully appraised of the treasury activity undertaken to 31 March 2019 and to 31 May 2019 in order to meet the reporting requirements set out in Sefton’s Treasury Management Practices and those recommended by the CIPFA code.

 

Alternative Options Considered and Rejected:

 

None