Content

Recommendation
(to Council: 5 December 2023)

(1)        
That the capital and investment outturn report be
noted.

(2)        
That the
actual prudential indicators reported
for 2022/23, as detailed in Appendix 1 to the report, be
approved.
Reasons:

1.       
To comply with the Council’s treasury
management policy statement, the Chartered Institute of Public
Finance and Accountancy (CIPFA) Code of Practice on treasury
management and the CIPFA Prudential Code for Capital Finance in
Local Authorities.

2.       
As per the treasury management code although the
scrutiny of treasury management (and indeed all finance) has been
delegated to the Corporate Governance & Standards Committee,
ultimate responsibility remains with full Council, this report
therefore fulfils that need.
Other options considered and rejected by the
Executive:
None.
Details of any conflict of interest declared by
the Leader or lead councillors and any dispensation
granted:
None.