The report dealt with the 2015/16 provisional outturn for:

·           The General Fund – paragraph 3

·           Housing Revenue Account – paragraph 4

·           The Capital Programme – paragraph 5

The report also considered the reserves and working balance levels.

The Council is also required by regulations issued under the Local Government Act 2003 to produce an Annual Treasury Management review of activities and the actual prudential of both the CIPFA Code of Practice on the Treasury Management (the Code) and the CIPFA Prudential Code for Capital Finance in Local Authorities (the Prudential Code) – paragraph 6

A motion was MOVED by Councillor Mrs Mckinlay and SECONDED by Councillor Kerslake.

A vote was taken by a show of hands and it was RESOLVED:

1.         That the provisional outturn information for 2015/16, contained within the report be approved.

2.         That the capital programme carry forwards requested in Table 6 be approved

3.         That the Treasury Management activity and information for 2015/16 be noted.

REASON FOR RECOMMENDATION

Good financial management underpins all priorities within the Corporate Plan.