Issue - meetings

Report of the Executive Director for Finance and Commercialisation & S151 Officer detailing a review of the Prudential Limits and Treasury Management Outturn 2020/21.

The Committee considered and noted the report of the Director of Finance and Commercialisation detailing a review of the Prudential Limits and Treasury Management Outturn 2020/21.

RESOLVED:

(i)  That the Treasury Management activities for 2020/21 and the outturn on the Prudential Indicators be noted;

(ii)  That the continued proactive approach to treasury management which led to reductions in borrowing costs and safeguarding investment income during the year be noted; and

(iii)  That delegated authority continue to be given to the S151 officer to make any future changes which benefitted the authority and to report back at the next treasury update.