Issue - meetings

Resolved to recommend

The acceptance of the Cabinet report on mid- year treasury management performance and prudential indicators for 2019/20.

Decision

Resolved to recommend

The acceptance of the Cabinet report on mid- year treasury management performance and prudential indicators for 2019/20.

Corporate objectives

Dacorum Delivers – Optimising investment income for General Fund and Housing Revenue budgets whilst managing investment risk is fundamental to achieving the corporate objective of delivering an efficient and modern Council.

Monitoring Officer

No comments to add to the report.

Deputy S.151 Officer

This is a Deputy Section 151 Officer Report.

Advice

Councillor Birnie asked about the table in 7.2 regarding Cabinet expenditure and means of financing. He said that the original Budget had been revised and that there was a 16,000 difference. He asked how much was reserves and how much was capital receipts.

N Howcutt said that they looked at how best to use capital receipts and reserves and that they used cash or borrowing as a last option.

The recommendations were agreed.