The Leader introduced the report.
Cabinet resolved to recommend the Assembly:
(i) To note the Treasury Management Annual Report for 2012/13;
(ii) To note that the Council complied with all 2012/13 treasury management indicators;
(iii) To note that the Council did not borrow to finance its capital programme in 2012/13 but utilised internal cash in line with its strategy;
(iv) To note the amendment in the 2013/14 Treasury Management Strategy Statement to the wording for the counterparty limit for Lloyds TSB, as outlined in section 6.3 of the report; and
(v) To approve the actual Prudential and Treasury Indicators for 2012/13 as set out in Appendix 1 to the report.