Decision details

RESOLVED:

(1)   That Council approved the actual 2023/24 prudential and treasury indicators.

(2)   That Council noted the annual Treasury Report for 2023/24.

(3)   That Council approved a change to the Investment Strategy allowing investments to be placed on Lloyds Call Account so the combined total of Current Account and Call Account is up to £5M.

REASONS FOR DECISIONS:

(1)   Cabinet is required to approve adjustments to the capital programme and ensure the capital programme is fully funded.

(2)   To ensure the Council’s continued compliance with CIPFA’s code of practice on Treasury Management and the Local Government Act 2003 and that the Council manages its exposure to interest and capital risk.