Issue - items at meetings - Earmarked Reserves 2010/2011

Issue - meetings

Earmarked Reserves 2010/2011

Meeting: 22/06/2011 - Cabinet (Item 20)

20 Financial Reserves Statement 2010/2011 pdf icon PDF 82 KB

Minutes:

The Cabinet considered a report on earmarked reserves for 2010/2011 and on the proposal to create new reserves where required to support the future plans of the Authority.

 

RECOMMENDED:

 

(a)       that the establishment of new reserves of £474,000 as set out in Appendix 1 to the report be approved;

(b)       that the release of reserves of £419,000 which reflects the approval required for January – March 2011 as set out in Appendix 2 to the report be approved; and 

(c)        that the addition to existing reserves of £289,000 which reflects the approval required for January – March 2011 as set out in Appendix 2 to the report be approved.