Decision details

Treasury Management Annual Report 2017-18

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To receive the Annual Treasury Management Report.

Decisions:

The Executive received a report on Treasury Management performance for 2017-18 in accordance with the Council’s policy on Treasury Management.  Following a question regarding Dukes Court, it was noted that Dukes Court was expected to be transferred to the Council in the Autumn and that the Dukes Court company would be wound up by the end of year.  Officers confirmed that no significant costs would be incurred, in the context of the scale of investment, if the transfer was delayed.

RESOLVED

That the annual report on Treasury Management performance for 2017/18 be received, and the compliance with the Council’s approved arrangements be noted.

Reason:   To receive the annual report on Treasury Management performance for 2017/18 in accordance with the Council’s policy on Treasury Management.

Reason Key: It is likely to result in the Council incurring significant expenditure or savings.;

Wards Affected: (All Wards);

Recommend to Council?: No;

Consultees

Cllr Azad, Portfolio Holder.

Contact: Julie Rowling, Business Support Manager Email: julie.rowling@woking.gov.uk.

Report author: Julie Rowling

Publication date: 11/07/2018

Date of decision: 28/06/2018

Decided at meeting: 28/06/2018 - Executive

Effective from: 07/07/2018

Accompanying Documents: