Issue - meetings

To consider the report of the Chief Finance Officer.

Corporate Services Scrutiny Committee considered the report at its meeting on 27 June 2019 and its comments will be reported. (The appendices were previously circulated to the Scrutiny Committee on the above date).

The Executive received a report, which had already been considered by Corporate Services Scrutiny Committee on 27 June 2019 and described current treasury management performance for the 2018/19 financial year, as well as the position of investments and borrowings as at 31 March 2019.  Members’ attention was drawn to the detailed minutes of Corporate Services Scrutiny which had been circulated.

Particular reference was drawn to the benefits of active treasury management especially with regards to the low levels of interest which had been paid during the year (£80,515).

RECOMMENDED that Council note the content of this report.