Decision details

Review of Revenue Reserves, Cabinet 6 February

Decision Maker: Cabinet, Council

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Review the Council’s Revenue Reserves and Provisions as part of the 2024/2025 budget setting process.

Decision:

Council agreed  to approve

 

A)     The Reserves as summarised at paragraph 12 of the report be released and transferred to the General Reserve or transferred to other reserves as appropriate on 31 March 2024.

 

B)     The movement in Reserves in 2023/2024 as set out in Appendix A, and the estimated balance of Reserves of £36.132 million, be noted.

Report author: Peter Maddock

Publication date: 04/03/2024

Date of decision: 27/02/2024

Decided at meeting: 27/02/2024 - Council

Accompanying Documents: