Treasury Management and Capital Strategy - Mid-year 2023/24

December 4, 2024 Cabinet (Cabinet collective) Approved View on council website

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Summary

...to note the Treasury Management and Capital Mid-Year Reports for 2024/25, agree to the leasehold disposal of the council's interest in premises at Oakmere Road to the Compass Partnership of Schools Academy Trust, and delegate authority to agree the detailed terms of the lease to support SEND provision.

Full council record
Purpose

To note the mid year
updates

Content

Noted
the Treasury Management Mid-Year Report for
2024/25
 
Noted
the Capital Mid-Year Report for 2024/25
 
Agreed
the leasehold disposal of the council’s
interest in premises at Oakmere Road,
formerly occupied by the PDC, as outlined in section 13 of the
report to the Compass Partnership of Schools (TCPS) Academy
Trust.  And delegated to the
Director of Regeneration Enterprise and Skills, in consultation
with the Director of Children’s Service, authority to agree
the detailed terms of the lease to support SEND provision within
the borough.

Related Meeting

Cabinet - Wednesday, 4th December, 2024 2.00 pm on December 4, 2024

Supporting Documents

202425 Treasury Management and Capital Mid-Year Update.pdf
Appendix 3 - Oakmere Road.pdf
Appendix 1 TM Indicators 24-25.pdf
Appendix 2 Liability Benchmark mid-year 24-25.pdf

Details

OutcomeRecommendations approved
Decision date4 Dec 2024
Subject to call-inYes