TREASURY MANAGEMENT - QUARTER 2 PERFORMANCE 2024/25 & MID-YEAR REVIEW

November 26, 2024 Portfolio Holder for Resources, Commissioning and Contracts Management (Cabinet member) Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to note the Treasury Management performance for the second quarter of 2024/25 and recommend Council approve the 2024/25 prudential indicators as outlined in the report.

Full council record

Decision

That the Treasury Management performance for the second quarter of 2024/25 be noted and that Council be recommended to approve the 2024/25 prudential indicators as set out in Appendix 4 of the report.

Reasons for the decision

The report ensures that the Council is implementing best practice in accordance with the CIPFA Code of Practice for Treasury Management. Investments as at 30 September 2024 totalled £321.2m (£379.6m at 30 September 2023) and there was no outstanding external borrowing.

Supporting Documents

Treasury Q2 Performance 2024-25 - Final 25112024 Executive Resources and Contracts Policy Develo.pdf

Details

OutcomeFor Determination
Decision date26 Nov 2024