The report of the Head of Treasury Services was submitted on the current performance for the 2009/10 financial year and the position regarding investments and borrowings at 30 September 2009. He reported that the fund manager had performed well but the General Fund had been adversely affected by the low interest rates.
Scrutiny Committee – Resources considered the report at their meeting of 25 November 2009 and their comments and support were noted.
Executive noted the Treasury Management report for the first six months of 2009/10.