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Annual Report on The Treasury Management Service and Actual Prudential Indicators 2023/24

Meeting: 29/08/2024 - Cabinet (Item 37)

37 Annual Report of the Treasury Management Service and Actual Prudential Indicators 2023/24 pdf icon PDF 416 KB

(Report of the Leader of the Council)

Minutes:

Report of the Portfolio Holder for Operations and Finance, The Annual Treasury report is a requirement of the Council’s reporting procedures. It covers the Treasury activity for 2023/24, and the actual Prudential Indicators for 2023/24. The report meets the requirements of both the CIPFA Code of Practice on Treasury Management and the CIPFA Prudential Code for Capital Finance in Local Authorities. The Council is required to comply with both Codes in accordance with Regulations issued under the Local Government Act 2003. It also provides an opportunity to review the approved Treasury Management Strategy for the current year and enables Members to consider and approve any issues identified that require amendment.

 

Resolved

That Cabinet endorse the recommendations for Council in the report to:

 

 

1.

Approve the actual 2023/24 Prudential and Treasury Indicators within the report and shown at Appendix 1; and

 

 

2.

Note the Annual Treasury Management Report for 2023/24

 

 

 

(Moved by Councillor S Daniels and seconded by Councillor B Clarke)