Issue - meetings

Financial Outturn Report for 2019-20 to include the Revenue, Capital and Housing Revenue Account Outturn Position & Annual Report on Treasury Management

Meeting: 02/06/2020 - Cabinet (Item 9:)

9: Financial Outturn 2019-20 - Early Closedown Review pdf icon 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.