Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: November 13, 2024

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.