Decision details

RESOLVED:

(1)   That Council noted the position of Treasury Management activity as at the end of September 2023 including the new Capital items.

(2)   That Council confirmed the addition of the Local Authority Housing Fund Phase 2 to the capital programme for 2023/24 and approved the reprofiling of Bancroft & Priory Splash Pads from 2024/25 into 2023/24. Both as detailed in table 3.

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.