To consider the report of the Accountancy Services Manager (enclosed).

DECISION

That the latest position in respect of treasury activities, and the prudential indicators, be accepted.

Reasons:

1.     The regulatory framework governing treasury management activities includes a requirement that the Council should, as a minimum, receive quarterly treasury monitoring reports in addition to the forward-looking annual treasury strategy and the backward-looking annual treasury report.

2.     This report fulfils the requirement above and incorporates the needs of the Prudential Code to ensure adequate monitoring of capital expenditure plans and the Council’s prudential indicators. The treasury strategy and prudential indicators for 2025/26 were contained in the report approved by Council on 25th February 2025.

Considered – Report of the Finance Group Manager.

Other Options Considered:

None, this report is a requirement of the 2025/26 Prudential Code.