Issue - meetings
Quarter 4 Treasury Management Update 2023/24
Meeting: 10/04/2024 - Governance and Audit Committee (Item 68)
68 Quarter 4 Treasury Management Update 2023/24 
PDF 157 KB
Additional documents:
- Enc. 1 - Investment portfolio at 29-02-24, item 68
PDF 32 KB
- Enc. 2 - Long term borrowing at 29-02-24, item 68
PDF 87 KB
- Enc. 3 - Short term borrowing at 29-02-24, item 68
PDF 24 KB
- Webcast for Quarter 4 Treasury Management Update 2023/24
Decision:
That the Treasury Management 2023/24 quarterly update be endorsed.
Minutes:
The Strategic Finance Manager presented the quarterly update on matters relating to the Council’s Treasury Management Policy, Strategy and Practices to the end of February 2024. The Council’s position on investment and long and short term borrowing was reported, together with an update on the economic context and interest rate forecast.
In response to questions from the Chair, the Strategic Finance Manager provided clarification on the borrowing forecast and key considerations for investments.
Following a request by Councillor Glyn Banks for a graph to accompany the long-term borrowing spreadsheet, officers agreed to review the format for future reports.
The recommendation was moved and seconded by Councillors Ted Palmer and Andrew Parkhurst.
RESOLVED:
That the Treasury Management 2023/24 quarterly update be endorsed.