5 Treasury Management Outturn 2023-2024 PDF 214 KB
Additional documents:
Decision:
Following
scrutiny, the report was noted.
Minutes:
Members
considered the report as circulated within the agenda pack.
Members
referred to the Bank of England interest rates, and queried that when they
change does the authority follow a set formula in terms of investment and
borrowing or is the authorities response to the change
determined by a decision of Cabinet? Officers confirmed that the authority has
treasury advisors who monitor interest rates and will provide appropriate advice
for the authority to consider with regards to future projection of interest rates.
Following
scrutiny, the report was noted.