Issue - decisions

Treasury and Prudential Indicator Management Report: Quarter 2

05/12/2019 - Treasury and Prudential Indicator Management Report: Quarter 2

RESOLVED –

  1. That the 2019/2020 Treasury Management and Prudential Indicator position be noted; and
  2. That the forecast interest from investment and bank interest for 2019/20 was £687,000, which was the same as the approved budget be noted.

 

 

REASON FOR DECISION:

Ensuring effective cash flow management was vital in order to support all the services provided by the Council.  The interest received from the Council’s investments was an important source of income in helping the Council set a balanced budget