Treasury Management Update Quarter 1 2023/24

September 6, 2023 Cabinet (Cabinet collective) Key decision Approved View on council website

This 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

Shropshire Cabinet noted the treasury management activities for the first quarter of 2023/24 and approved the delegation to the Section 151 Officer to finalise financial arrangements for investment via CDL in the private rental sector on 06/09/2023. The Cabinet approved the delegation to the Section 151 Officer to finalise financial arrangements for investment via CDL in the private rental sector.

Full council record

Purpose

The report outlines the treasury management activities of the Council in the first quarter of 2023/24.

Decision

RESOLVED:

  1. 1.               To note the summary of the wider economic environment and the Council’s borrowings and investments set out in Appendix A 
  2. 2.               To note the performance within prudential indicators for quarter 1, 2023/24 (Appendix B) 
  3. 3.               To approve the delegation to the Section 151 Officer to finalise financial arrangements for investment via CDL in the private rental sector. 

Supporting Documents

Appendix B Prudential Indicators for Quarter 1.pdf
Appendix C Prudential Borrowing Schedule.pdf
Appendix D Economic Background and Borrowing Update.pdf
Treasury Management Update Quarter 1 2023.24-29062023 1156.pdf
Appendix A - Shropshire Council Monthly Investment Report June 2023.pdf

Details

OutcomeRecommendations Approved
Decision date6 Sep 2023
Effective from16 Sep 2023
Subject to call-inYes