Purpose

To
receive the financial position as at the end of December
2023.

Decision

RESOLVED – 

 

That the Treasury Management and Prudential
Indicator position for 2023/24 be noted. 

 

That the forecast for investment and bank interest
is £3,295,000, an increase of £1,875,000 from the
approved budget of £1,420,000 and a further improvement of
£175,000 from the Quarter 2 position be noted.

 
REASON FOR DECISION: Ensuring effective cash flow management is vital in order to
support all the services provided by the Council. The interest
received from investments is an important source of income in
helping to set a balanced budget.