Decision details

Treasury and Prudential Indicator Management Report Quarter 4

Decision Maker: Cabinet

Decision status: Decision Made

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To receive the financial position as at the end of March 2023.

Decision:

RESOLVED – 

 

  1. That the Treasury Management and Prudential Indicator position for 2022/23 be noted. 

 

  1. That the unaudited actual for investment and bank interest is £1,643,000, an increase of £1,198,000 from the approved budget of £445,000 and a further improvement of £48,000 from the Quarter 3 projection be noted. 

 

REASON FOR DECISION: Ensuring effective cash flow management is vital in order to support all the services provided by the Council. The interest received from investments is an important source of income in helping to set a balanced budget.

 

Report author: Jane Fineman

Publication date: 22/06/2023

Date of decision: 22/06/2023

Decided at meeting: 22/06/2023 - Cabinet

Effective from: 01/07/2023

Accompanying Documents: