Issue - decisions

Treasury and Prudential Indicator Management Report Quarter 4

22/06/2023 - Treasury and Prudential Indicator Management Report Quarter 4

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.