Decision details

Review of Revenue Reserves and Provisions (Cabinet 6 February 2023)

Decision Maker: Cabinet, Council

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Review the Council’s Revenue Reserves and Provisions as part of the 2022/2023 budget setting process.

Decision:

Council

 

Agreed

 

A)        That the Reserves as summarised at paragraph 11 of the report be released to the General Fund, or transferred to other Earmarked Reserves as shown, on 31 March 2023.

 

B)        That the IT software and hardware reserves be amalgamated at 31 March 2023 to provide the necessary flexibility. 

 

C)        That the movement in Reserves in 2022/2023 as set out in Appendix A, and the estimated balance of Reserves of £29.830 million (+), be noted.

 

Publication date: 22/02/2023

Date of decision: 21/02/2023

Decided at meeting: 21/02/2023 - Council

Accompanying Documents: