Issue - meetings

Report of the Deputy Chief Executive and Director of Finance.

Council is asked to approve:

1)    The amendment to the Treasury Management Strategy Statement for 2017/18, to add the use of Property Funds to the list of approved investment instruments referred to at 2.7(i) of the report.

Consideration was given to a report of the Deputy Chief Executive and the Chief Financial Officer, which had been referred to Council by Cabinet.

RESOLVED to APPROVE:

1)    The amendment to the Treasury Management Strategy Statement for 2017/18, to add the use of Property Funds to the list of approved investment instruments referred to at 2.7(i) of the report.

Report of the Deputy Chief Executive and Chief Financial Officer

The Deputy Chief Executive introduced  a report, which had been circulated prior to the meeting, informing Members of the performance monitoring of the 2017/18 Prudential Code Indicators, and advising Members of the quarterly treasury activity, as required by the Treasury Management Strategy.

RESOLVED to:

1)    Note the report, together with the Treasury Activity Report 2017/18 for Quarter 2, at Appendix 1 to the report, and the Prudential and Treasury Indicator Monitoring 2017/18 for Quarter 2, at Appendix 3 to the report; and

2)    Approve the amendment to the Treasury Management Strategy Statement for 2017/18, to add the use of Property Funds to the list of approved investment instruments referred to at 2.7(i) above, and refer the amendment to Full Council for approval as required by the regulations.