Arooj Shah

The Oldham Council Audit Committee approved recommendations regarding the Treasury Management Report for Quarter 1 of 2026/27 on 09 September 2026. The committee reviewed the performance of the Council's treasury management function against its strategy and prudential indicators. Council officers will liaise with treasury management advisors regarding LOBO loan options and will repay any loans with available cash or by borrowing from alternative sources or the PWLB if savings can be demonstrated.

...the Housing Revenue Account estimates for 2026/27 to 2030/31 and the forecast outturn for 2025/26 were approved, including a 4.8% increase in dwelling rents.

...approved the Revenue Monitor and Capital Investment Programme for 2025/26, including noting the forecast revenue position and approving potential redundancy costs for the Environmental Services Redesign.

... a new school-facing speech, language, and communication needs service is to be created, integrated within the SEND & Inclusion Service, to improve support for children and young people.

...the Capital Strategy and Capital Programme for 2026/27 to 2030/31, along with the Minimum Revenue Provision (MRP) Policy Statement, were approved.