Issue - meetings

To consider a report of the Corporate Director, Corporate and Support Services.

The purpose of this report is to inform the Scrutiny Committee on the operation and effectiveness of the Council's Treasury Management function for 2011/12.

The Executive at its meeting on 20 August 2012 approved the recommendations in the report.

The Scrutiny Committee is asked to recommend that the Council Meeting:

·         Approve the actual 2011/12 prudential and treasury indicators in this report;

·         Note the Annual Treasury Management Report for 2011/12;

·         Note the changes to the Treasury Management Policy Statement and Practices to reflect the Council’s amended insurance and creditworthiness policies for 2012/13.

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

The Corporate Director for Corporate and Support Services submitted a report (copies of which had been circulated) inviting the Scrutiny Committee to consider the operation and effectiveness of the Council’s Treasury Management function for 2011/12 and recommending revisions to the Council’s Treasury Management Policy Statement and Practices.

The Executive Leader and Portfolio holder for Policy, Reform & Finance (Councillor Sue Derbyshire) attended the meeting to answer member’s questions.

The Executive at its meeting on 20 August 2012 had approved the recommendations in the report.

RESOLVED – That the Council Meeting be recommended to:-

·         approve the actual 2011/12 prudential and treasury indicators in the report;

·         note the annual treasury management report for 2011/12;

·         note the changes to the Treasury Management Policy Statement and Practices to reflect the Council’s amended insurance policy and revised creditworthiness policy for 2012/13.

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

The purpose of this report is to inform the Executive on the operation and effectiveness of the Council's Treasury Management function for 2011/12. 

The Executive is asked to recommend that the Council Meeting:

·         Approve the actual 2011/12 prudential and treasury indicators in this report;

·         Note the Annual Treasury Management Report for 2011/12;

·         Note the changes to the Treasury Management Policy Statement and Practices to reflect the Council’s amended insurance and creditworthiness policies for 2012/13.

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

The Leader of the Council (Policy, Reform & Finance) submitted a report (copies of which had been circulated) inviting the Executive Meeting to consider the operation and effectiveness of the Council’s Treasury Management function for 2011/12 and recommending revisions to the Council’s Treasury Management Policy Statement and Practices.

RESOLVED – That the Council Meeting be recommended to:-

·         approve the actual 2011/12 prudential and treasury indicators in the report;

·         note the annual treasury management report for 2011/12;

·         note the changes to the Treasury Management Policy Statement and Practices to reflect the Council’s amended insurance policy and revised creditworthiness policy for 2012/13.