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Issue - meetings

Revenue Reserves Policy Review

Meeting: 16/02/2017 - Cabinet (Item 91)

91 Revenue Reserves Policy Review pdf icon PDF 10 KB

(The Report of the Portfolio Holder for Assets and Finance)

Additional documents:

Minutes:

The Portfolio Holder for Assets and Finance seeking Member approval of the proposed amended Revenue Reserves Policy Statement process and to advise Members of the existing levels of reserves

 

RESOLVED:

That Members

1

approved and adopted the amended Revenue Reserves Policy Statement;

 

2

approved delegated authority to the Executive Director Corporate Services to approve the use and creation of reserves;

 

3

authorised the return of the reserves in the sum of £331,990 to General Fund balances; and

 

4

receive a further report in October following a review of reserves.

 

 

(Moved by Councillor D Cook and seconded by Councillor M S Claymore)