Decision details

The Executive Member for Finance submitted a report for Executive’s consideration. The purpose of the report was to provide an important update to Executive on performance relating to the Council’s borrowing, investments, and cash-flow for the 2024/25 financial year to meet the requirements of the CIPFA Treasury Management Code of Practice and the Local Government Act 2003.

AGREED that Executive:

1.    Note the mid-year Prudential Indicator results for 2024/25 as the Council’s current position in relation to capital finance activities and overall indebtedness which was detailed in table one to five in the report.

2.    Note the performance of the treasury management function against the Council’s approved strategy for the 2024/25 financial year to date detailed in paragraphs 4.33 to 4.38 in the report.