Decision details

To receive an update on treasury management activity in 2016/17 to date

That Council be recommended to note:

1. That a mid-year review of the Treasury Management Strategy Statement had been undertaken and the Council had operated within the limits and requirements approved in March 2016.
2. That savings of £533,000 for the General Fund and £2.3 million for the Housing Revenue Account (HRA) are forecast from treasury management activities in 2016/17.
3. That it be noted in the event of updated capital programme figures being reported to Cabinet (Resources) Panel or Cabinet outside of the ‘Capital budget quarter two monitoring 2016/17’, a revised version of this report would be presented to Council on 14 December 2016.