The Cabinet considered the report of the Head of Corporate Resources which provided details of the Treasury Management activities undertaken during the six-month period to 31 October 2018.
Decision Made:
(1) the Treasury Management update to 31October 2018 be noted:
(2) the effects of decisions taken in pursuit of the Treasury Management Strategy be noted; and
(3) the implications of changes resulting from regulatory, economic and market factors affecting the Council’s treasury management activities be noted.
Reasons for Decision:
To ensure that Members are fully appraised of the treasury activity undertaken to 31st October 2018 and 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.