Decision Maker: Cabinet
Decision status: Decision Made
Is Key decision?: No
Is subject to call in?: Yes
To receive the financial position as at the end of March 2022.
1. That the Treasury Management and Prudential Indicator position for 2021/22 be noted.
2. That the actual for investment and bank interest is £487,000, an increase of £125,000 from the approved budget of £362,000, and a further improvement of £25,000 from the Quarter 3 projection be noted.
REASON FOR DECISION: Ensuring effective cash flow management was vital in order to support all the services provided by the Council. The interest received from investments was an important source of income in helping to set a balanced budget.
Report author: Jane Fineman
Publication date: 23/06/2022
Date of decision: 23/06/2022
Decided at meeting: 23/06/2022 - Cabinet
Effective from: 01/07/2022