Decision details

The Cabinet resolved to recommend the Assembly to:

(i)  Note the Treasury Management Strategy Statement Mid-Year Review 2016/17;

(ii)  Note that the Council complied with all 2016/17 treasury management indicators during the first half of the financial year;

(iii)  Note that the value of investments as at 30 September 2016 totalled £259.0m;

(iv)  Note that the value of long-term borrowing as at 30 September 2016 totalled £454.9m, comprising market, Public Works Loan Board (PWLB) and European Investment Bank (EIB) loans; and

(v)  Note that the value of short-term borrowing as at 30 September 2016 totalled £63.9m.