Issue - meetings

Recomendation from Strategy and Resources Committee , 15 July 2025

Meeting: 22/07/2025 - Council (Item 17)

17 Recommendation from Strategy and Resources Committee , 15 July 2025 pdf icon PDF 233 KB

This report seeks to increase the recommended minimum reserve balance of the general fund working balance reserve to £1,500,000.

Minutes:

Council received a report seeking to increase the recommended minimum reserve balance of the general fund working balance reserve to £1,500,000.

Councillor Neil Dallen MOVED the recommendation in the report.

Upon being put the recommendation was CARRIED unanimously.

Accordingly, it was resolved to:

(1)           Approve an amendment to the recommended minimum level of general fund working balance reserve as set out in section 2.8 of the report.