Change of Treasury Management Limits for Cash Deposits

December 19, 2025 Chief Executive (Officer) Approved 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 maximize returns on the council's cash balance, the deposit limit was temporarily raised to £10,000,000 for 2025/26, pending a formal update to the Treasury Management Policy in February 2026.

Full council record

Purpose

Urgent Decision taken pursuant to
Part Three, Section E Overview & Scrutiny Standing Orders, No
83. ‘Call-In & Urgency’
 

Decision

To temporarily extend the deposit
limit to £10,000,000 for 2025/26 to enable our current cash
balance to be fully deposited in the most practical way to maximise
the return to the council. The Treasury Management Policy will be
formally updated in line with the Budget Setting Process which will
be presented to Full Council in February 2026.
 

Supporting Documents

2025 December Treasury Management - Urgent Decision- Redacted.pdf

Details

OutcomeRecommendations Approved
Decision date19 Dec 2025