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Decision details

Treasury Management Mid-Year Report 2024 - 25

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Decision Maker: Cabinet

Decision status: Recommmend Forward to Council

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To note and comment on the overall financial performance up to quarter two of 2024/25 and note the Council has had complied with the prudential indicators as set by Council in February 2024.

To approve the submission of the report to Full Council for approval in accordance with the Chartered Institute of Public Finance and Accountancy's Treasury Management in the Public Services: Code of Practice.

Decision:

Cabinet RESOLVED

 

(1)    To note the 2024-25 Mid-Year Treasury report and approve its referral on to Full Council.

 

(2)    To note that the Council had been fully compliant with the prudential indicators set as part of the annual strategy.

 

Eligible for call-in: No (report and recommendations referred to Council)

Reason Key: Affects more than 2 wards;

Wards Affected: (All Wards);

Contact: Nadeem Akhtar, Senior Finance Analyst Email: Nadeem.Akhtar@brent.gov.uk Tel: 020 8937 5957, Amanda Healy, Deputy Director Investment and Infrastructure Email: Amanda.Healy@brent.gov.uk Tel: 020 8937 5912.

Report author: Nadeem Akhtar

Publication date: 10/02/2025

Date of decision: 10/02/2025

Decided at meeting: 10/02/2025 - Cabinet

Accompanying Documents:

  • 09. Treasury Management Mid Year 2024.25 Final report pdf icon PDF 374 KB
  • 09a. Appendix 1 - Economic Commentary pdf icon PDF 116 KB
  • 09b. Appendix 2 - Debt and Investments Portfolio pdf icon PDF 183 KB
  • 09c. Appendix 3 - Average Rate vs Credit Risk pdf icon PDF 355 KB
  • 09d. Appendix 4 - Q2 2024-25 Prudential Indicators pdf icon PDF 333 KB

 

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