Decision details
Statement of Chief Financial Officer on Robustness of Estimates and Adequacy of Reserves
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Cabinet considered a report by the Head of Finance, Governance and Assurance on the Statement of the Chief Financial Officer on the robustness of the estimates and adequacy of Reserves for 2014 to 2018.
Decision:
(a) That approval be given to the recommended level of general balances to support the 2015/16 revenue budget at £15.86m, noting that the projected balance would be below this for 2015/16.
(b) That the projected recommended level for the following two years at £15.52m and £15.76m be noted, and also that the projected level of general balances was planned to be brought broadly in line with the target for 2017/18.
Publication date: 12/02/2015
Date of decision: 11/02/2015
Decided at meeting: 11/02/2015 - Cabinet
Effective from: 20/02/2015
Accompanying Documents:
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