The Committee gave consideration to a report setting out the Council’s treasury management position from the period 1 July 2016 to 31 August 2016. The report provided information on the Council’s overall borrowing position; borrowing activity; investment activity; economic background; interest rate forecast and prudential indicators. The Chief Internal Auditor agreed to provide further information in respect of lending to other local authorities, at the next meeting of the Committee.
Decision:
The Committee noted the contents of the report.
(Ref: Report by Head of Strategic Finance dated 17 November 2016, submitted.)