Issue - meetings

To consider the report of the Director of Resources presenting the treasury management outturn position for 2008/09.

The Director of Resources submitted a report providing a review of the treasury management strategy and operations for 2008/09.

RESOLVED -

a)  That the treasury management outturn position for 2008/09 be noted.

b)  That the recommendations of the CIPFA Treasury Management Panel Bulletin and the CLG Select Committee be referred to the Central and Corporate Functions Scrutiny Board and the Corporate Governance and Audit Committee for further consideration.

c)  That Council be recommended to approve the limits of fixed debt from 2009/10 onwards that are held in different periods as outlined in paragraph 3.3.4 of the submitted report.

d)  That Council be recommended to approve the upper limit on sums invested for periods longer than 364 days for  2009/10 as outlined in paragraph 3.3.6 of the submitted report.

(The matters referred to in parts (c) and (d) of this minute being matters reserved to Council were not eligible for Call In)