Agenda item

Treasury Management Performance - 2017-18 Annual Report and Prudential Indicators for Capital Finance and Treasury Management and Draft Capital Strategy




1.  That the 2017-18 outturn for the council’s treasury management be noted and that the following be noted:


·  all treasury management activity was undertaken in compliance with the approved treasury management strategy and with the council’s prudential indicators, as Appendix A.

·  the balance remaining on all external loans at 31 March 2018 was £563m (£371m HRA and £192m general fund). Loans totaling £5m were repaid during the year.  £110m of new temporary borrowing was undertaken during the period.

·  in the year to 31 March 2018 the average investment balance was £127m and the balance of investments at 31 March 2018 stood at £126m. 


2.  That the council’s draft Capital Strategy, at Appendix B of the report, be noted.

Supporting documents: