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Shropshire Council
Shirehall
Abbey Foregate
Shrewsbury
Shropshire
SY2 6ND

Issue - decisions

Robustness of Estimates and Adequacy of Reserves

09/02/2017 - Robustness of Estimates and Adequacy of Reserves

RESOLVED:

 

i)             That the recommended level of general balances to support the 2017/18 revenue budget at £13.29m be approved , noting that the projected balance will be above this for 2017/18;

 

ii)            That the projected recommended level of general reserves be noted for the following two years at £16.80m in 2018/19 and £33.68m in 2019/20.

 

iii)           That it be noted that the Council’s General Fund Balance and/or Financial Strategy Reserve may be amended as required to facilitate any amendments required to the Financial Strategy following receipt of the Final Local Government Financial Settlement.

 

 

 


 

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