Decision details
2021/22 Reserves Policy
PDF 220 KBDecision 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, Corporate and Support Services 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: