Decision

RECOMMENDATIONS TO COUNCIL

1. That the latest position in respect of treasury activities, and the prudential  indicators, be accepted.
2. That the proposed changes to the Operational Boundary and the Authorised  Limit for external debt as detailed in the report is approved.

Reasons:

1. The regulatory framework governing treasury management activities includes a requirement that the Council should, as a minimum, receive quarterly treasury monitoring reports in addition to the forward-looking annual treasury strategy and the backward-looking annual treasury report.
2. This report fulfils the requirement above and incorporates the needs of the Prudential Code to ensure adequate monitoring of capital expenditure plans and the Council’s prudential indicators. The treasury strategy and prudential indicators for 2026/27 were contained in the report approved by Council on 24th February 2026.