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Recommend the report to Council, which includes the Council's estimated Prudential and Treasury Indicators 2023/24 to 2026/27. Also, to revise any counterparty limits as applicable.
Decision type: Key
Reason Key: Expenditure > £300,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 21/08/2023
Decision due: 20 Nov 2023 by Executive Councillor for Finance and Resources
Lead member: Executive Councillor for Finance and Resources
Department: Corporate Hub
Contact: Caroline Ryba, Chief Financial Officer Email: caroline.ryba@cambridge.gov.uk.
Additional Information: This is a key item and will automatically appear on the agenda.
Background Information: The Council is required to comply with the CIPFA Prudential Code and the CIPFA Treasury Management Code of Practice. The Council is required to set and monitor prudential and treasury indicators, including an Authorised Limit for borrowing, for a three year period and should ensure that its capital plans are affordable, prudent and sustainable.
