Decision details

Treasury Management Annual Report 2016/17 (LDR55)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Council is required through regulations issued under the Local Government Act 2003 to produce an annual treasury report reviewing treasury management activities and the actual prudential and treasury indicators for 2016/17. This report meets the requirements of both the CIPFA Code of Practice on Treasury Management (the Code) and the CIPFA Prudential Code for Capital Finance in Local Authorities (the Prudential Code).

Decision:

The Cabinet considered a report on the operation and effectiveness of the Council’s Treasury Management function for 2016/17 and recommended to the Council Meeting that it:

 

·       approve the actual 2016/17 prudential and treasury indicators in this report;

·       note the annual treasury management report for 2016/17;

·       note that no fundamental changes have been made during 2016/17 to the Treasury Management Policy Statement and Practices approved at the Council meeting on 16 September 2016.

Alternative options considered:

None

Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: No Equality Impact Assessment included. The annual report is the final treasury management report of the 2016/17 financial year, The initial treasury management strategy report for 2016/17 included an Equality Impact Assessment.

Decision Reference: CAB14

Declarations or conflicts of Interest: None

Forward Plan Reference: LDR55

Other reasons / organisations consulted

CRMG were consulted on the initial Treasury Management Strategy Report for 2016/17 and have received various update reports throughout the financial year.

Contact: Lorna Soufian, Corporate and Support Services Email: lorna.soufian@stockport.gov.uk Tel: 0161 474 4026.

Report author: Lorna Soufian

Publication date: 19/07/2017

Date of decision: 18/07/2017

Decided at meeting: 18/07/2017 - Cabinet

Effective from: 26/07/2017

Accompanying Documents: