9: Financial Outturn 2019-20 - Early Closedown Review PDF 149 KB
To consider proposals to review earmarked reserves as part of current 2019-20 final accounts process.
Wards affected: All
Contact: Eamonn Croston, Service Director – Finance
Decision:
1) That approval be given to the COVID-19 Grant Reserve.
2) That the capitalisation measures to release £6.5m revenue resources as part of the early closedown review 2019/2020 be noted.
3) That approval be given to the subsequent transfer of the £6.5m released revenue resources to earmarked financial resilience reserves.