Purpose

The report updates Members on the treasury
management activities during the first quarter of 2023/24, together
with a snapshot of performance against the approved prudential
indicators.

Decision

DECISION

 
That the latest
position in respect of treasury activities, and the prudential
indicators, be accepted.
 
Reason:
 
The 2023/24 edition of the Prudential Code has
added a requirement for quarterly reporting of treasury management
activities and prudential indicators. Whilst quarters 1 and 3 do
not need to be formally reported to full Council, there is an
implicit understanding that they should be adequately scrutinised
by Cabinet Executive.