Purpose

To
receive the financial position as at the end of March
2024.

Decision

RESOLVED – 

 

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

 

That the unaudited actual for investment and bank
interest is £3,342,000, an increase of £1,922,000 from
the approved budget of £1,420,000 and a further improvement
of £47,000 from the Quarter 3 projection 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