Agenda item

After debate (Councillor Stephanie Cryan) the recommendations were put to the vote and declared Carried.

RESOLVED:

1.  That council assembly noted the 2024-25 mid-year treasury management update report and in particular:

·  the update on the economic background and implications for the Treasury Management Strategy in 2024-25.

·  that all treasury management activity was undertaken in compliance with the approved treasury management strategy and within the council’s prudential indicators, attached as Appendix A.

·  that the balance outstanding on all external loans as at 30 September 2024 was £1,077m.

·  that the balance of investments at 30 September 2024 stood at £38.8m.