Issue - meetings

As detailed in the recommendation.

Councillor Johnson introduced the report which provided details of the Council’s actual prudential indicators for the 2023/24 financial year compared with the estimates set for:-

• Prudential indicators for Prudence
• Prudential indicators for Affordability

The Corporate Finance Manager drew attention to the ratio of financing costs to net revenue stream, shown at Table 6, and reported that the actual ratios were lower than the previousyear due to the Councils expected borrowing levels for both short and longterm being lower than anticipated during the year.

RESOLVED:

That Cabinet approve the prudential indicators within the report.