Purpose

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

Decision

RESOLVED – 
 

That the Treasury Management and
Prudential Indicator position for 2022/23 be noted. 

 

That the unaudited actual for
investment and bank interest is £1,643,000, an increase of
£1,198,000 from the approved budget of £445,000 and a
further improvement of £48,000 from the Quarter 3 projection
be noted. 

 
REASON FOR
DECISION: Ensuring
effective cash flow management is vital in order to support all the
services provided by the Council. The interest received from
investments is an important source of income in helping to set a
balanced budget.