Decision details

2021/22 Reserves Policy

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To consider a report of the Deputy Leader of the Council and Cabinet Member for Resources, Commissioning & Governance.

The report provides the outcome of the annual review of the Council’s Reserves Policy following the reporting of the Council’s 2020/21 outturn position.

Decision:

The Cabinet considered an update on the Council’s Reserves Policy following the reporting of the Council’s 2021/21 outturn position and has agreed to:-

 

·         Note the annual review of Council’s 2021/22 Reserves Policy including the level and rationale for the reserves held;

·         Approve the creation and reclassification of earmarked reserves held in line with the recommended amounts; and

·         Approve the proposed 2021/22 Reserves Policy.

Alternative options considered:

None.

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: n/a

Decision Reference: CAB335

Declarations or conflicts of Interest: None.

Other reasons / organisations consulted

n/a

Contact: Jonathan Davies, Corporate and Support Services Email: jonathan.davies@stockport.gov.uk Tel: 218 1025, Lisa Joy Email: lisa.joy@stockport.gov.uk Tel: 0161 474 4044.

Report author: Jonathan Davies

Publication date: 24/09/2021

Date of decision: 21/09/2021

Decided at meeting: 21/09/2021 - Cabinet

Effective from: 01/10/2021

Accompanying Documents: