62 Annual Treasury Outturn Report 2017/18 PDF 148 KB
To consider a report of the Director of Corporate Resources – Corporate Services giving details on treasury activity during 2017/18.
Minutes:
The Committee considered the annual report of the Director of Corporate Resources – Corporate Services (Item 7 in the Minute Book) regarding the performance of the treasury function during 2017/18 including the effects of any decisions taken and transactions executed throughout the year.
RESOLVED:
That the Audit Committee notes the following recommendations being
reported to Cabinet and Full Council:
i) The approval of the addition of a further £0.5m to the Investment Risk Reserve created in the County Council’s accounts in 2017/18 as protections against the irrecoverable fall in value of any investments.
ii) That the outturn review of treasury management activities be noted.