Purpose

To approve the Treasury Management Activity
Monitoring - Mid Year Review 2024-2025.

Content

That Council be recommended to note:
1.   
That a mid-year review of the Treasury Management Strategy
Statement has been undertaken and the Council has operated within
the limits and requirements approved in February 2024.
 
2.   
That revenue underspends of £1.3 million for the General Fund
and £61,000 for the Housing Revenue Account (HRA) are
forecast from treasury management activities in 2024-2025.
 
That Cabinet note:
1.   
The financial information included in the report is based on the
‘Capital Programme 2024-2025 to 2028-2029 Quarter Two
Review‘ report also on the agenda for this
meeting.  The capital report is subject
to the following report being separately approved:
 

·       
Brewers Yard (Phase 1) Culwell Street Update and Re-evaluation by
Cabinet on 13 November 2024

Therefore, if this approval is not obtained, the treasury
management forecasts and indicators would be amended to reflect
this.