Treasury Management Strategy Statement and Annual Investment Strategy - Mid-Year Review 2024/25
December 4, 2024 Cabinet (Cabinet collective) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to recommend to Full Council an increase to the Operational Boundary and Authorised Limit to £1,769.5m and £1,819.5m respectively, aligning with the projected Capital Financing Requirement.
Full council record
Content
The Executive Mayor and
Cabinet, RESOLVED to;
a) Consider the comments
received from Audit and Governance Committee on 20th November
relating this report.
b) Consider the contents of the
mid-year report on the treasury management activity for
2024/25.
c) Recommend to Full Council
that it agrees to increase the current Operational Boundary and
Authorised Limit to £1,769.5m and £1,819.5m
respectively to bring it in line with the projected Capital
Financing Requirement (CFR) for capital expenditure and for the
prudential management of the Council’s financial
affairs.
Related Meeting
Cabinet - Wednesday, 4th December, 2024 6.30 pm on December 4, 2024
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 4 Dec 2024 |
| Subject to call-in | Yes |