Decision Maker: Council
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To approve the Treasury Management - Annual
Report 2020-2021 and Activity Monitoring Quarter One
1. That it be noted, the Council operated within the overall approved Prudential and Treasury Management Indicators, and also within the requirements set out in the Council’s approved Treasury Management Policy Statement during 2020-2021, however due to the reprofiling of some capital programmes the operational boundary for commercial activities was slightly in excess of the best estimate included in the Treasury Management Strategy presented to Council on 3 March 2021.
2. That it be noted, a revenue underspend of £2.3 million for the General Revenue Account and £805,000 for the Housing Revenue Account (HRA) were generated from treasury management activities in 2020-2021.
3. That it be noted, the revenue underspend of £1.4 million for the General Revenue Account and £11,000 for the HRA were forecast from treasury management activities in 2021-2022 be noted.
Report author: Sarah Hassell
Publication date: 23/07/2021
Date of decision: 21/07/2021
Decided at meeting: 21/07/2021 - Council