Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: December 5, 2024

Purpose: To consider a recommendation from Resource and Finance Scrutiny Committee following scrutiny of the Treasury Management Mid-Year Review 2024-25 at its meeting on 5 November 2024.

Content: The Executive RESOLVED That a limit on the Council’s main account with Lloyds is introduced at £10 million with immediate effect.  The existing limits on the Council’s Money Market Funds will be reviewed as part of the Treasury Management and Investment Strategies to accompany the 2025/26 budget. Reason:   To consider the recommendation from Resource and Finance Scrutiny Committee following scrutiny of the Treasury Management Mid-Year Review 2024-25 at its meeting on 5 November 2024.