Issue - meetings
Q1 Prudential Indicators (Treasury Management)
Meeting: 24/10/2024 - Audit and Governance Committee (Item 296)
296 Q1 Prudential Indicators (Treasury Management) 
PDF 344 KB
Purpose
To report to the Audit and Governance Committee the quarter one Treasury Management Indicators as required by the CIPFA Treasury Management Code.
Recommendation
That the Audit and Governance Committee resolves to:
1. Note the 2024/25 Treasury Management Indicators (Q1).
Additional documents:
Minutes:
The purpose of the item was to report to the Audit and Governance Committee the quarter one Treasury Management Indicators as required by the CIPFA Treasury Management Code.
The Deputy Chief Executive introduced the report. They explained that the Audit and Governance Committee had responsibility for reviewing and monitoring treasury management arrangements in accordance with the Chartered Institute of Public Finance and Accountancy (CIPFA) Treasury Management Code. The Deputy Chief Executive explained that the Council had complied with the investment limits set by the code.
Members discussed the report, raising the following points:
- The CFR loans were due to increase in 2024 and 2027, Members asked why this was. The Deputy Chief Executive explained that this was due to greening the waste vehicle fleet.
- The Committee would be reviewing the Budget and MTFS report at its meeting in November.
RESOLVED: To NOTE the report