Decision

That

1. The Treasury Management Annual Report for 2022/23 be noted, and
2. The actual prudential indicators within the report be approved.

Reasons for the decision

The Local Authority is required by statute to approve an annual treasury strategy in advance of the year, a mid-year review report and an annual report following the year comparing actual activity to the strategy.  Under CIPFA’s Prudential Code for Capital Finance in Local Authorities, the Local Authority is also required to set a number of prudential indicators to monitor and control capital expenditure, financing and borrowing.