Issue - meetings

Changes to the 2017/18 Treasury Management Strategy

Meeting: 06/12/2017 - Cabinet (Item 54)

54 Changes to the 2017/18 Treasury Management Strategy pdf icon PDF 56 KB

To approve amendments to the Treasury Management Strategy Statement.

 

 

Decision:

RESOLVED:

 

That the changes to the 2017/18 Treasury Management Strategy set out in section 3 of Report Item 10 to the Cabinet be approved.

 

 

Minutes:

The Cabinet was advised of necessary changes to the Council’s Treasury Management Strategy in response to an increase in the Council’s investment balances.  As the balances were higher than initially predicted there had been a passive breach of the upper limit on variable interest rate investment exposure.  The proposed changes were set out in section 3 of Report Item 10 to the Cabinet.

 

RESOLVED:

 

That the changes to the 2017/18 Treasury Management Strategy set out in section 3 of Report Item 10 to the Cabinet be approved.