Issue - meetings

Councillor Patel submits a report that details the expected activities of the treasury function in the financial year 2011/2012.  Cabinet is recommended to approve the Treasury Strategy.

A minute extract from the meeting of the Performance and Value for Money Select Committee held on 2 March 2011 will be circulated as soon as it is available.

Councillor Patel submitted a report that detailed the expected activities of the treasury function in the financial year 2011/12.

He asked Members to note that 4.6 of the report should read 0% and not 5% in respect of the recommended lower limit for the remaining length for outstanding loans, of less than 5 years.

Councillor Patel stated that the Performance and Value for Money Select Committee had considered the report and endorsed its recommendations.

RESOLVED:

                        that Cabinet approves the Treasury Strategy.