Issue - meetings
Treasury Management Update Quarter 3 2024/25
Meeting: 12/02/2025 - Cabinet (Item 9.)
9. Treasury Management Update Quarter 3 2024/25 
PDF 368 KB
Lead Member – Councillor Gwilym Butler, Portfolio Holder for Finance, Corporate Resources and Communities
Lead Officer – Ben Jay
Additional documents:
- 20250212 Appendix A - Shropshire Council Monthly Investment Report December 2024, item 9.
PDF 293 KB
- 20250212 Appendix B Prudential Indicators for Quarter 3, item 9.
PDF 103 KB
- 20250212 Appendix C Prudential Borrowing Approvals-105120L22, item 9.
PDF 822 KB
- 20250212 Appendix D Economic Background and Borrowing Update, item 9.
PDF 172 KB
Decision:
RESOLVED:
That Cabinet reviewed the position as set out in the report:
a) Noted that new borrowing of £25m has been taken out during quarter 3, in line with the Treasury Management Strategy 2024/25. This is part of the replacement of internal borrowing (using internal balances) with external borrowing (as internal balances have been reduced).
b) Noting the summary of the wider economic environment and the Council’s borrowings and investments set out in Appendix A
c) Noting the performance within prudential indicators for quarter 3, 2024/25 (Appendix B)