Issue - meetings

To consider the decision of the Cabinet to note the Annual Treasury Management Report for 2024/25 and to approve the actual 2024/25 prudential and treasury indicators in this report.

Notice of Decisions to follow in separate document.

The Assistant Director for Finance presented the Annual Treasury Management Report for 2024/25 to the Committee. Members were advised that the Council had successfully delivered its treasury management responsibilities during the year, operating within all approved prudential indicators and maintaining full compliance with statutory and regulatory requirements.

It was noted that the report had also been presented to the Audit Committee for consideration.

All treasury activities had been carried out in line with the Council’s Treasury Management Strategy, with no breaches of authorised borrowing limits.

It was noted that the Council remained well-positioned to manage interest rate risks and to support delivery of the Capital Programme.

The Committee noted the decision of Cabinet. 

To note the Annual Treasury Management Report for 2024/25 and to approve the actual 2024/25 prudential and treasury indicators in this report.

Cabinet considered the Annual Treasury Management Report for 2024/25.  Members were advised that the Council had successfully delivered its treasury management responsibilities for 2024/25, operating within all approved prudential indicators and maintaining compliance with statutory and regulatory requirements.

Members were also advised that all treasury activities had been conducted in line with the Council’s Treasury Management Strategy, with no breaches of authorised borrowing limits. Looking ahead, it was noted that the Council remained well-positioned to manage interest rate risks and support its capital and revenue plans sustainably.

It was RESOLVED that the 2024/25 Annual Treasury Management Review be recommended to Council for approval.

Cabinet considered the Annual Treasury Management Report for 2024/25.  Members were advised that the Council had successfully delivered its treasury management responsibilities for 2024/25, operating within all approved prudential indicators and maintaining compliance with statutory and regulatory requirements.

Members were also advised that all treasury activities had been conducted in line with the Council’s Treasury Management Strategy, with no breaches of authorised borrowing limits. Looking ahead, it was noted that the Council remained well-positioned to manage interest rate risks and support its capital and revenue plans sustainably.

It was noted that the report had been approved by the Audit Committee with no further comments.

It was RESOLVED that the 2024/25 Annual Treasury Management Review be recommended to Council for approval.

Reason for Decision:   As contained in the report

Other Options Considered:   As contained in the report