Issue - meetings

Councillor Jabbar MOVED and Councillor Shah SECONDED a report of the Director of Finance, which advised Council of the performance of the Treasury Management function for 2024/25 and provided a comparison of performance against the 2024/25 Treasury Management Strategy and Prudential Indicators.

Council was advised that the submitted report had been presented to and considered by the Audit Committee at its meeting of 23^rd July 2025, the Committee having responsibility for scrutinising all of the Council’s treasury management arrangements. The Committee was content to recommend the report to Cabinet for approval, which was granted at its meeting on 8^th September 2025 and, in doing so, recommended that Council approve the report

RESOLVED

1.    That Council approves the Treasury Management Outturn report for 2024/25 and the Treasury Management activity and Prudential Indicators, as presented in the submitted report.

2.    That Council approves the proposed increases in the Operational Boundary and Authorised Limit in relation to PFI and Finance Lease debt liabilities as detailed in section 2.5 of the submitted report.