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The Committee resolved to:
 

1.   
Note the forecast Council Reserves balances for the four years
ending 31 March 2029,
 

2.   
Note a further report will come to the Committee in February once
the final budget has been finalised,
 

3.   
Agree to repurpose £8.71m of earmarked Revenue Reserves to
offset abortive project management costs on Council housing
regeneration site, that must be re-charged from Capital to the
Revenue Budget,
 

4.   
Repurpose the Green Belt fighting fund reserve (£900k) to
become a Local Plan Resources Funding Reserve to be applied in
2025-26 and 2026-27 to help fund Strategic Planning; and
 

5.   
To apply a further £700k of Social Housing Initiatives
Reserve in 2025-26 to offset revenue pressures arising from
homelessness.