17 Recommendation from Strategy and Resources Committee , 15 July 2025
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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.