Decision details

Reserves Position and Reserves Policy

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes


To note the current and forecast positions for both General and Earmarked Reserves and to approve the Reserves Policy




1)    Note the current position on Earmarked Reserves;


2)    Note the details of the amounts to be released from the Earmarked Reserves balances;


3)    Note the allocation of £11.913m Earmarked Reserves release to the Budget Management Earmarked Reserve; and


4)    Approve the updated Reserves Policy at Appendix five to the report.

Report author: Sue Pilgrim

Publication date: 02/02/2023

Date of decision: 02/02/2023

Decided at meeting: 02/02/2023 - Cabinet

Effective from: 10/02/2023

Accompanying Documents: