Issue - decisions
Robustness of Estimates and Adequacy of Reserves
18/02/2016 - Robustness of Estimates and Adequacy of Reserves
RESOLVED:
i) That the recommended level of general balances to support the 2016/17 revenue budget at £28.20m be approved, noting that the projected balance will be below this for 2016/17;
ii) That the projected recommended level of general reserves for the following two years be noted at £26.45m in 2017/18 and £20.13m in 2018/19.