Decision details
Treasury Management Outturn 2023 – 2024
Decision Maker: Cabinet
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The report will set out the comparison of
Council’s performance against the approved strategy for the
year for its borrowing and investment activities.
Decision:
That the Cabinet:
a) approves the actual 2023/24 Prudential and Treasury Indicators as set out in report FIN/659
b) notes the Annual Treasury Management Report for 2023/24 as contained within report FIN/659
c) notes that the authorised limit for external borrowing set by the Council was exceeded for a short period during Q4 of 2023/24 and is now back within the set limit set by the Council.
That Full Council be recommended to:
Approve of the increase in the 2024/25 Operational boundary and Authorised Limits contained within section 5.4 of report FIN/659
Reasons for the Recommendations
The Council’s financial regulations, in accordance with the CIPFA Code of Practice for Treasury Management, requires an annual review following the end of the year describing the activity compared to the Strategy. This report complies with these requirements
Report author: Carolin Martlew
Publication date: 25/07/2024
Date of decision: 24/07/2024
Decided at meeting: 24/07/2024 - Cabinet
Effective from: 31/07/2024
Accompanying Documents:
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