Purpose

To
receive the financial position as at the end of September
2023.

Decision

RESOLVED –
 
1.  That the Treasury Management and
Prudential Indicator position as at 30 September 2023 be noted;
and
 
2. That
the forecast for investment and bank interest is £3,120,000,
an increase of £1,700,000 from the approved budget of
£1,420,000 and a further improvement of £452,000 from
the Quarter 1 position be noted
 
REASON FOR DECISION Ensuring effective cash flow management was vital in order to
support all the services provided by the Council. The interest
received from investments was an important source of income in
helping to set a balanced budget.