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