Lead Member - Councillor Gwilym Butler - Portfolio Holder for Finance and Corporate Resources

Report of James Walton, Executive Director of Resources

RESOLVED:

1.               To note the summary of the wider economic environment and the Council’s borrowings and investments set out in Appendix A 

2.               To note the performance within prudential indicators for quarter 1, 2023/24 (Appendix B) 

3.               To approve the delegation to the Section 151 Officer to finalise financial arrangements for investment via CDL in the private rental sector. 

          The Portfolio Holder for Finance and Corporate Resources introduced the report      referencing the impact of interest rates increases. 

RESOLVED:

1.               To note the summary of the wider economic environment and the Council’s borrowings and investments set out in Appendix A 

2.               To note the performance within prudential indicators for quarter 1, 2023/24 (Appendix B) 

3.               To approve the delegation to the Section 151 Officer to finalise financial arrangements for investment via CDL in the private rental sector.