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The Council considered a report
in respect of the Mid Year Treasury
Management Review 2023/24, including the Prudential
Indicators.  It was noted that the
report had been endorsed by both the Audit Committee and the
Executive.
 
It was moved by Councillor
Jeannette Thomas, and seconded by Councillor Jackie Hollywell, that
the Recommendation in the report be approved.
 
In response to questions and
comments by members, Councillor Thomas advised that in relation to
a deposit scheme for tenants, this would be difficult due to the
financial situation of the tenants.  In
relation to costs for professional services, due to changes of
situation and unexpected circumstances such as the Covid pandemic
this could fluctuate.
 
Upon the motion being put to
the vote, it was RESOLVED:
 

1.   
 That the request for
in-year growth due to HRA 2024/25 budget pressures of
£2,434,050 as detailed in paragraph 4.11.2 of the Cabinet
Report at Appendix A to the Council report be approved.

2.   
That an additional £400k of HRA expenditure
for the remainder of 2024/25 be approved.