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The Executive considered a report in respect
of the Annual Treasury Management Strategy, including Prudential
Code Indicators for 2024/25, for onward recommendation to
Council.
 
The Strategic Director (CF) referred to two
corrections to the report, as follows:
 

·    
Paragraph 4.1.1 - the sentence should read that the returns on
investments had averaged 5%, not 3.48%, and the total interest
earned was £1.9Million and not £1.29Million; and

 
·    
The table in Paragraph 4.15.1 should read that the
total Housing Revenue Account (HRA) loans equalled
£233.231Million and not £234.231Million, and the total
Public Works Loan Board (PWLB) debt at 31 December 2023 equalled
£234.987Million and not £224.987Million.
 
It was RESOLVED that the 2024/25 Treasury Management Strategy be recommended to Council
for approval.
 
Reason for Decision:  As contained in
report.
Other Options considered:  As
contained in report.