Decision details

Early Closedown Review 2018/19

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Early review of year end reserves requirements as part of the final accounts process for 2018/19

Decision:

1) That approval be given to (i) the Waste Management Strategy Reserve at £11m (ii) the increase in Strategic Management Reserve by £1.4m to £5.4m and (iii) the Commercialisation reserve at £0.5m.

 

2) That, pursuant to (i) and (iii) above, approval be given to the funding of reserves proposal through the transfer of £4.1m unallocated MRP release from Central Budgets, and re-direct of existing financial resilience reserves of £8.8m, as part of the 2018-2019 final accounts process.

 

Report author: James Anderson

Publication date: 31/05/2019

Date of decision: 29/05/2019

Decided at meeting: 29/05/2019 - Cabinet

Accompanying Documents: