2021-01-18 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                18 JANUARY 2021


well as any other monies committed for funding capital projects which are underway and will
continue during the financial year.

The following pie charts present the mix of cash held at December 2020 by agency (graph on the
left) and by credit risk rating (graph on the right). All funds have been invested in accordance with
the Investment Policy and in consideration of the principles of ethical investment, preservation of
capital, return on investment and counterparty thresholds.

Figure 6: Closing Cash Held by Agency and Credit Rating



                       CBA                                            A1 +
                       3%                                        (Commercial Banks)
                                                                       3%




                                                                       A1 +
                       QTC                                            (QTC)
                       97%                                             97%




The following chart monitors the 12 month trend on total cash and the agencies invested. Cash
balances at the end of December are at the bottom of cycle. The next bi-annual issue of rates and
levies in January will to be utilised to fund Council operations for the second half of the year from
January to June.




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