Purpose

To approve the Treasury Management - Annual
Report 2023-2024 and Activity Monitoring Quarter One
2024-2025.

Content

1.   
That it be noted, the Council operated
within the overall approved Prudential and Treasury Management
Indicators, and also within the requirements set out in the
Council’s Treasury Management Policy Statement during
2023-2024.

2.   
That it be noted, the revenue underspends of £210,000 for the
General Fund and £1.9 million for the Housing Revenue Account
(HRA) were generated from treasury management activities in
2023-2024.

3.   
That it be noted, the revenue implications of treasury management
activities in 2024-2025 for the General Fund was currently forecast
to be within budget. However, there are early indicators that
suggest there may be pressure on the HRA budget. This will continue
to be monitored and updates provided in future reports.