The Cabinet considered an update on the Council’s Reserves Policy following the reporting of the Council’s 2021/22 outturn position and has agreed to:-
(1) Note the annual review of Council’s 2022/23 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; and
(3) Approve the proposed 2022/23 Reserves Policy.