Issue - meetings

Treasury Management Performance - 2012/13 Third Quarter Update (Non-Key)

Meeting: 18/02/2013 - Executive (Item 9)

9 Treasury Management Performance - 2012/13 Third Quarter Update (Non-Key) pdf icon PDF 227 KB

To consider a report of the Leader of the Council (Policy, Reform & Finance)

 

The report details performance and activity of the Council's Treasury Management function for the third quarter of 2012/13, outlining how the economy has changed during the year and how the Treasury Management function has responded to this.

 

Investment performance has been sustained throughout the third quarter of the financial year and the Council continues to make a respectable investment return despite prevailing low interest rates.

 

The Executive is invited to receive this report in line with best practice guidelines.

 

Officer contact: Lorna Salvage, 0161 474 4026, lorna.salvage@stockport.gov.uk

Minutes:

The Leader of the Council (Policy, Reform & Finance) submitted a report (copies of which had been circulated) inviting the Executive Meeting to consider performance in the third quarter of 2012/13 in relation to the Treasury Management function.

 

RESOLVED – That, in line with best practice guidelines the report be received and performance in respect of the Treasury Management function be noted.