Issue - decisions

Annual review of earmarked reserves

29/06/2018 - Annual review of earmarked reserves

That:

(a) the following movements re earmarked reserves be approved:

the sparsity reserve be reduced by £6.4m

the minimum revenue provision reserve be reduced by £1.1m

the severe weather reserve be increased by £1.4m

a new reserve of £1.6m established to support structural change in children’s wellbeing

a new reserve of £0.5m established to support providing care costs in Adults and Wellbeing

a new reserve of £2.8m established to support remedial road works

a new reserve of £0.5m established to meet any future liabilities re living wage claims

a new reserve of £0.5m established to support the community health and

wellbeing requirements

legal services demand, £0.2m