Issue - meetings
Review of Temporary Reserves, Retained Funds and Provisions
Meeting: 02/12/2021 - Cabinet (Item 86)
86 Review of Temporary Reserves, Retained Funds and Provisions 
PDF 53 KB
(Report of the Portfolio Holder for Finance and Customer Services)
Additional documents:
Minutes:
Report of the Portfolio Holder for Finance and Customer Services to advise Members on the levels of reserves and to seek approval to re-purpose unspent reserves, following the recent review by the Executive Director Finance.
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RSOLVED: |
That Cabinet
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1. |
Approved the transfer of the reserves, totalling £155,370, as detailed in Appendix A, including £145,370 to General Fund Balances and £10,000 to Housing Revenue Account Balances (HRA); and
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2. |
Noted the current levels of reserves remaining.
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(Moved by Councillor M Bailey and seconded by Councillor D Cook)
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The Portfolio Holder thanked Lynne Pugh for compiling the report.
