Non-confidential facts and advice to the Deputy Mayor for Policing and Crime (DMPC)
See PDF below for details.
This paper requests the DMPC note the activity of the Treasury Management function for the first 6 months of the 2014-15 financial year.
In summary, investment and borrowing activity has been based on the guidelines and objectives set by the DMPC in the Treasury Management strategy approved on 1 May 2014. Interest income for the first half year is £0.86m, and is ahead of the annual budget of £0.8m. Debt management costs for the period are £3.95m, and are expected to be £7.8m against the full year budget of £9m.
All indicator limits were adhered to during this period.
DMPC is asked to note activity and performance to date on the Treasury Management function.
See PDF below for details.
Document title | File size | |
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Download | DMPCD 2014 153 | 518 KB |