The Cabinet considered an update on the Council’s Reserves Policy following the reporting of the Council’s 2018/19 outturn position and the annual review of the Council’s Reserves Policy and agreed that:-
• the annual review of the Council’s Reserves Policy including the level and rationale for the reserves held be noted;
• the creation and reclassification of earmarked reserves held in line with the recommended amounts be approved; and
• the proposed 2019/20 Reserves Policy be approved.