| Item | Description | Resolution |
|---|---|---|
| PART 1 - PUBLIC | ||
| MATTERS FOR RECOMMENDATION TO THE COUNCIL | ||
| CB 12/054 |
Treasury Management Update and 2011/12 Outturn |
The Director of Finance advised that a report detailing treasury management activity undertaken in April and May of the current financial year together with the treasury management outturn position for 2011/12 had been considered by the Audit Committee on 18 June 2012. It was noted that the action taken by officers had been commended for endorsement. RECOMMENDED: That (1) the action taken by officers in respect of treasury management activity for the period April to May 2012 be endorsed; (2) officers' decision not to call for the disposal of investments held by the external fund manager with Nationwide and Rabobank be endorsed; and (3) the 2011/12 outturn position be noted. *Referred to Council |