Issue - meetings

The Portfolio Holder for Finance and Governance presented the Treasury Management Outturn Report for 2025/26.Members were advised that the report presented a positive position and confirmed that the Council had complied with its Treasury Management Strategy. The report also highlighted how the Council had managed treasury activity during a period of global market and economic uncertainty.

Members noted that the Council’s investments remained in a positive position and that borrowing was well within approved limits. The Portfolio Holder for Finance and Governance commented that this demonstrated responsible financial management from a treasury perspective.

Officers clarified that the reported borrowing figure of one hundred and sixty million pounds included one hundred and twenty five million pounds relating to previous refinancing of the Housing Revenue Account.

RECOMMENDED that

1)    the Council’s Treasury performance for the financial year 25/26 be noted.

2)    the position in relation to the Council’s Prudential indicators be noted.