Issue - meetings

TREASURY MANAGEMENT MID-YEAR UPDATE 2023/24

Meeting: 22/11/2023 - Council (Item 10)

10 TREASURY MANAGEMENT MID-YEAR UPDATE 2023/24 pdf icon PDF 738 KB

Recommendation from Cabinet, for noting.

Minutes:

Cllr Tim Leaver moved, and Cllr Nesil Caliskan seconded, the report.

 

Cllr Leaver introduced the report, which described the activities of the Council’s Treasury Management function over the five months to 31 August 2023. The treasury management position and the change since the start of the financial year was set out in Table 3 of the report. Paragraph 69 onwards of the report set out the Treasury Management indicators, and the Council was in compliance with all nine indicators and borrowing was well managed.

 

As the extended time for the debate had ended, the recommendation was put to the vote and AGREED.

 

AGREED to note the report of the Treasury Management Mid-Year Update 2023/24.