Issue - items at meetings - Treasury Management Policy Statement (incorporating the Annual Investment Strategy) 2012/13 - Mid year review

Report of the Acting Director of Finance (copy attached).

(1)               That the action taken during the half-year to meet the Treasury management policy statement and associated treasury management practices and the Annual investment strategy be endorsed;

(2)               That it be noted that the maximum indicator for risk agreed at 0.05% had not been exceeded; and

(3)               That it be noted that the authorised limit and operational boundary set by the Council had not been exceeded.

78.1         The Acting Director of Finance introduced the report which detailed the Treasury Management Policy Statement 2012/13 and the action taken during the period April to September 2012 to meet the policy statement and practices and the Investment Strategy. 

78.2         Councillor A. Norman congratulated the officers involved for their work to date and stated that she believed the council had an exceptional team in Treasury Management.

78.3         The Chair thanked the officers and put the recommendations to the vote.

78.4         RESOLVED:

(1)         That the action taken during the half-year to meet the Treasury management policy statement and associated treasury management practices and the Annual investment strategy be endorsed;

(2)         That it be noted that the maximum indicator for risk agreed at 0.05% had not been exceeded; and   

(3)         That it be noted that the authorised limit and operational boundary set by the Council had not been exceeded.