Issue - meetings

The Cabinet considered a report on the earmarked reserves for 2009/2010 together with a proposal to create new reserves where required in order to support the future plans of the Council.  

RESOLVED:

(a)       that the establishment of new reserves of £235,000 as set out in section 4.3 of the report be approved;

(b)       that the release of reserves of £599,000 as set out in the appendix to the report, which reflected the approval required for January to March 2010, be approved; and

(c)        that the addition of £366,000 to existing reserves as detailed in the appendix to the report, which reflected the approval required for January to March 2010, be approved.