Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: November 19, 2025

Purpose: To approve the Treasury Management Activity Monitoring - Mid Year Review 2025-2026.

Content: That Council be recommended to note: 1.    That revenue underspends of £1.8 million for the General Fund and £1.3 million for the Housing Revenue Account (HRA) are forecast from treasury management activities in 2025-2026. 2.    That a mid-year review of the Treasury Management Strategy Statement had been undertaken and the Council had operated within the overall limits and requirements approved in February 2025 and July 2025.  However, due to required capital works at the i10 building, the authorised limit and operational boundary for service investments is forecast to be slightly in excess of the best estimates included in the above approvals.  These self-determined limits would be reviewed as part of the 2026-2027 Treasury Management Strategy.