This report summarises the Council’s investment activity and capital expenditure up to 30 September 2018 and provides details of the Council’s money market transactions. It also provides information on the performance against the Treasury and Prudential indicators.
During the first half of the year the Council operated within Treasury and Prudential Indicators.
The overall investment position is set out in the following table:-
|
31 March 2018 Actual £’000 |
Movement £’000 |
31 Sept 2018 Actual £’000 |
Total borrowing |
52,017 |
(9,507) |
42,510 |
Total investments |
(12,000) |
(750) |
(12,750) |
Net borrowing |
40,017 |
(10,257) |
29,760 |
A summary of the capital programme expenditure against budgets in the current year is set out in the following table:-
Capital Programme |
Budget 2018/19 £’000 |
Budget to 30 Sep 18 £’000 |
Actual to 30 Sep 18 £’000 |
Variation £’000 |
General Fund |
14,760 |
2,442 |
2,100 |
-342 |
HRA |
5,021 |
2,349 |
1,180 |
-1,169 |
Total |
19,781 |
4,791 |
3,280 |
-1,511 |
Decision type: Non-key
Decision status: Recommendations Approved
Decision due: 5 Nov 2018 by Executive
Lead member: Executive Member for Policy & Resources
Lead director: Director of Finance & Resources
Contact: Caroline Hancock Email: chancock@fareham.gov.uk.