Issue - meetings
Annual Treasury Management Report for 2011/12
Meeting: 10/07/2012 - Cabinet (Item 37)
37 Treasury Management Report for 2011/12 
PDF 27 KB
Additional documents:
Decision:
As detailed in the recommendation.
Minutes:
The Head of Finance presented the draft Annual Treasury Management Report for 2011/12. It provided a review of the treasury management function in 2011/12 which had been reviewed by the Audit Committee on 25 June, 2012. Currently the Council had received around £2M of the £3.7M invested in Landsbanki and it had been indicated that there would be a 100% return subject to future exchange rate fluctuations.
RESOLVED:
That the draft Treasury Management Annual Report for 2011/12 be approved and recommended to Council.