[To report on treasury management activity for the third quarter of 2019-2020 and to highlight the revised Prudential Indicators which are subject to approval by Council on 4 March 2020]

1.     That it be noted that the Council is continuing to operate within the Prudential and Treasury Management Indicators approved by Council, and also within the requirements set out in the Council’s approved Treasury Management Strategy for 2019-2020.

2.     That it be noted that revenue underspends of £481,000 for the General Revenue Account and £243,000 for the Housing Revenue Account (HRA) are forecast from treasury management activities in 2019-2020.

3.     That it be noted that the Prudential and Treasury Management Indicators included in this report are the same figures as those seen by Cabinet on 19 February 2020 and will be submitted for approval by Council on 4 March 2020.

Councillor Louise Miles presented a monitoring and progress report on treasury management activity for the third quarter of 2019-2020 and highlights of the revised Prudential Indicators which would be subject to approval by Council on 4 March 2020.

Resolved:

1.    That it be noted that the Council is continuing to operate within the Prudential and Treasury Management Indicators approved by Council, and also within the requirements set out in the Council’s approved Treasury Management Strategy for 2019-2020.

2.    That it be noted that revenue underspends of £481,000 for the General Revenue Account and £243,000 for the Housing Revenue Account (HRA) are forecast from treasury management activities in 2019-2020.

3.    That it be noted that the Prudential and Treasury Management Indicators included in the report are the same figures as those seen by Cabinet on 19 February 2020 and would be submitted for approval by Council on 4 March 2020.