Decision details

Draft Treasury Management Strategy 24-25

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

Councillor R Molloy introduced the report of the Head of Finance, Procurement & Commercial Services, which set the framework for capital financing and treasury management operations for the next financial year.

 

The minute of the Executive Overview & Scrutiny Committee had been circulated prior to the meeting.

 

In reaching the decision below, Cabinet considered the report before it and the recommendations contained therein.

 

RESOLVED: That Council be recommended to approve:

 

A.    That the projected position in respect of the Prudential Indicators for 2023-24 set out in Appendix 1 to the report, be noted.

 

B.    That the Treasury and Prudential Indicators for the next three years, set out in Appendix 1, be agreed.

 

C.    That the capital expenditure projections in Appendix 1 be agreed.  

 

D.    That the Capital Financing Requirement projections, set out in Appendix 1, be agreed.

 

E.    That the Minimum Revenue Position policy, as set out in section 4.5 of the report, be agreed.

 

Publication date: 08/02/2024

Date of decision: 06/02/2024

Decided at meeting: 06/02/2024 - Cabinet

Effective from: 14/02/2024

Accompanying Documents: