Decision

RESOLVED that the outturn position in
respect of the 2024/25 financial year be noted.
 
REASONS FOR DECISION - The Council
operated in line with its agreed Treasury Management Strategy
during the 2024/25 financial year. This ensured that lending and
borrowing arrangements were prudent and sustainable, minimising the
risk of financial loss to the Council. Effective management of
these arrangements ensured that interest costs during the year were
minimised to assist the Council’s revenue position whilst
interest receivable increased slightly above budget due to
increased interest rates.
 
OTHER OPTIONS CONSIDERED AND REJECTED -
This report was primarily a factual report detailing the actual
position against the Council’s previously approved treasury
management strategy. Accordingly, the report does not set out any
options where a decision is required by Members.
 
This was not a Key Decision and
so can be implemented with immediate effect by officers.