Decision details
2023-24 Reserves Policy (Non-Key)
Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To consider a joint report of the Deputy Chief
Executive (Section 151 Officer) and Cabinet
Member for Finance and Resources.
The report provides the outcome of the annual review of the
Council’s Reserves Policy
following the reporting of the Council’s 2022/23 outturn
position.
The Scrutiny Committee/Cabinet is asked to comment on and:
a) Note the annual review of Council’s 2023/24 Reserves
Policy including the level
and rationale for the reserves held;
b) Recommend for approval the adjustments and reclassification of
earmarked
reserves held in line with the recommended amounts; and
c) Recommend for approval the proposed 2023/24 Reserves
Policy.
Decision:
The Cabinet considered an update on the Council’s Reserves Policy following the reporting of the Council’s 2022/23 outturn position and has agreed to:-
(1) Note the annual review of Council’s 2023/24 Reserves Policy including the level and rationale for the reserves held.
(2) Approve the adjustments and reclassification of earmarked reserves held in line with the recommended amounts.
(3) Approve the proposed 2023/24 Reserves Policy.
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: N/A
Decision Reference: CAB412
Declarations or conflicts of Interest: None.
Other reasons / organisations consulted
Considered at CRMG prior to Cabinet
meeting
Contact: Jonathan Davies, Corporate and Support Services Email: jonathan.davies@stockport.gov.uk Tel: 218 1025.
Report author: Michael Shields
Publication date: 21/09/2023
Date of decision: 19/09/2023
Decided at meeting: 19/09/2023 - Cabinet
Effective from: 28/09/2023
Accompanying Documents:
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