Issue details

Annual review of earmarked reserves

To note and review the reserves held by the council.

Earmarked reserves are established to fund future year commitments over and above the annual budget requirement. They generally arise where funding allocations exceeds annual expenditure, usually due to the timing of receipts being ahead of incurring expenditure. As a matter of good practice a review is undertaken each year to establish the continued need for reserves held for earmarked purposes to ensure resources can be used to best effect whilst maintaining a prudent level of reserves to meet future anticipated commitments.


Decision type: Non-key

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 06/10/2020

Decision due: 30 September 2021 by Cabinet

Lead member: Cabinet member corporate strategy and budget

Lead director: Chief finance officer

Department: Corporate Support Centre

Contact: Josie Rushgrove, Head of corporate finance Email: Tel: 01432 261867.


Agenda items


  • Annual review of earmarked reserves