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.