A report was submitted regarding the Treasury Management Annual Report. It was a requirement of the CIPFA Treasury Management Code of Practice and its Prudential Code for Capital Finance that an Annual Report was made to the Council in respect of each year’s Treasury Management activities.
Members agreed that it was tremendous news regarding the money that would be reclaimed from the Icelandic Bank.
Resolved:
(a) That the Treasury Management Annual Report for 2014/15 be received.
(b) That the actual Prudential Indicators contained within the report be approved