Issue - meetings
Treasury Strategy 2024/25 Mid-Year Review
Meeting: 04/12/2024 - Cabinet (Item 11.)
11. Treasury Strategy 2024/25 Mid-Year Review 
PDF 396 KB
Lead Member – Councillor Gwilym Butler, Portfolio Holder for Finance, Corporate Resources and Communities
Lead Officer - Ben Jay
Additional documents:
- TS Appendix A - Shropshire Council Monthly Investment Report September 2024, item 11.
PDF 251 KB
- TS Appendix B Prudential Indicators, item 11.
PDF 102 KB
- TS Appendix C Prudential Borrowing Approvals, item 11.
PDF 823 KB
- TS Appendix D Economic Background and Borrowing Update, item 11.
PDF 168 KB
Decision:
RESOLVED:
That Cabinet:
1. Agreed the Treasury Strategy activity as set out in the report.
2. Recommended to Council the revision to the Prudential Indicators as set out in section 9 of the report.
3. Noted that the changes to prudential indicators reflect the reduction of internal cash balances and the need to externalise debt; this is a straightforward liquidity requirement unrelated to other financial matters and would have been required at this time regardless of the wider financial position.
4. Noted that provision for additional borrowing costs in revenue budgets was included in the 2024/25 budget.