Issue - meetings

The report circulated at Item 12 was considered by the Executive on 15 November 2023 when the following recommendation to Council was agreed:

“That the 2023/24 Mid Year Treasury Management Review and Prudential Indicators be recommended to Council for approval”.

The Council considered a report in respect of the Mid Year Treasury Management Review 2023/24, including the Prudential Indicators.  It was noted that the report had been endorsed by both the Audit Committee and the Executive.

It was moved by Councillor Jeannette Thomas, and seconded by Councillor Richard Henry, that the Recommendation in the report be approved.

In reply to a Member’s question regarding the ongoing reduction in the Public Works Loan Board’s interest rates (set out in Chart 1 in the report), the Strategic Director (CF) was requested to provide a written reply.

Upon the motion being put to the vote, it was RESOLVED that the 2023/24 Mid Year Treasury Management Review and Prudential Indicators report be approved.

The Council considered a report in respect of the Mid Year Treasury Management Review 2023/24, including the Prudential Indicators.  It was noted that the report had been endorsed by both the Audit Committee and the Executive.

It was moved by Councillor Jeannette Thomas, and seconded by Councillor Richard Henry, that the Recommendation in the report be approved.

In reply to a Member’s question regarding the ongoing reduction in the Public Works Loan Board’s interest rates (set out in Chart 1 in the report), the Strategic Director (CF) was requested to provide a written reply.

Upon the motion being put to the vote, it was RESOLVED that the 2023/24 Mid Year Treasury Management Review and Prudential Indicators report be approved.