URL: https://democracy.middevon.gov.uk/ieDecisionDetails.aspx?ID=1343

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: The Cabinet had before it a report * from the Deputy Chief Executive (S151) and the Head of Finance, Property and Climate Resilience on the 2025/26 Quarter 2 Treasury Management.   The Cabinet Member for Governance, Finance and Risk outlined the contents of the report with particular reference to the following:   The report provided an update on the Council’s treasury performance for the first six months, noting a decline in investment returns due to lower interest rates and reduced cash balances. It was proposed that there be a continuation of the current investment policy and outlined revised capital financing requirements and borrowing limits based upon the updated information. This also included an economic commentary from the Council Treasury Advisors forecasting falling interest rates amid inflation and economic uncertainties.   RESOLVED that Cabinet recommend to Council that:   a)    A continuation of the current policy outlined at paragraphs 4.0 – 4.5 be AGREED. b)    The changes to the Capital Financing Requirement, Operational Boundaries and Authorised Limits for the current year at paragraphs 5.4 – 5.5 be AGREED   (Proposed by Cllr J Downes and seconded by Cllr G DuChesne)   Reason for Decision: Good financial management and administration underpin the entire strategy. The Council’s Treasury Management Strategy should attempt to maximise investment return commensurate with minimum risk to the principal sums invested.     Note: *Report previously circulated  

Date of Decision: November 4, 2025