Decision
Analysis
outcome: The Treasury Management and Prudential Indicator position for 2024/25 was noted, with an increase in investment and bank interest from the approved budget.
summary: The financial position of the council as at the end of March 2025
topline: The Cabinet has decided to note the financial position of the council as at the end of March 2025.
reason_contentious: This issue is not particularly contentious as it mainly focuses on financial management and budgeting.
affected_stakeholders: ["Council members", "Taxpayers", "Service users"]
contentiousness_score: 2
political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.
URL: https://democracy.tunbridgewells.gov.uk/ieDecisionDetails.aspx?ID=3022
Decision Maker: Cabinet
Outcome:
Is Key Decision?: No
Is Callable In?: Yes
Purpose: To receive the financial position as at the end of March 2025.
Content: To receive the financial position as at the end of March 2025. RESOLVED – That the Treasury Management and Prudential Indicator position for 2024/25 be noted. That the unaudited actual for investment and bank interest is £3,099,000, an increase of £1,099,000 from the approved budget of £2,000,000,and a further £24,000 from the Quarter 3 position be noted. REASON FOR DECISION: Ensuring effective cash flow management is vital in order to support all the services provided by the Council. The interest received from investments is an important source of income in helping to set a balanced budget.
Date of Decision: June 26, 2025