Issue - decisions

Treasury Management Mid Year Monitoring Report 2022/23

 

 

15/12/2022 - Recommendations of the Cabinet Executive: Treasury Management Mid Year Monitoring Report 2022/23

Considered – Report of the Cabinet Executive, presented by Cllr. Maggie Wright, Finance, People & Performance Portfolio Holder.

07/11/2022 - Treasury Management Mid Year Monitoring Report 2022/23

RECOMENDATIONS TO COUNCIL

 

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

 

2.    That the increase in the Capital Financing Requirement from £14.446m to £18.037m be approved.

 

Reasons:

 

1.    The regulatory framework governing treasury management activities includes a requirement that the Council should, as a minimum, receive a mid-year treasury monitoring report 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 2022/23 were contained in the report approved by Council on 24th February 2022.