2025/26 Reserves Policy (Non-Key)

September 16, 2025 Cabinet (Cabinet collective) Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to ensure the council's financial resilience and alignment with its corporate and strategic priorities, the Cabinet approved the proposed 2025/26 Reserves Policy, noted the annual review including reserve levels and rationale, and approved adjustments and reclassifications of earmarked reserves in line with recommended amounts.

Full council record

Purpose

The purpose of the report is to provide an update on the Council’s Reserves Policy following the reporting of the Council’s 2025/26 outturn position.



Decision

The Cabinet considered an update on the Council’s Reserves Policy following the reporting of the Council’s 2024/25 outturn position and has agreed to:-

(1) Note the annual review of the council’s 2025/26 Reserves Policy including the level and rationale for the reserves held.

(2) Approve the adjustments and reclassification of earmarked reserves held in line with the recommended amounts.

(3) Approve the proposed 2025/26 Reserves Policy.

Alternative options considered

None.

Related Meeting

Cabinet - Tuesday, 16th September, 2025 6.00 pm on September 16, 2025

Supporting Documents

202526 Reserves Policy Cabinet Meeting Summary Sheet.pdf
202526 Reserves Policy - Main Report.pdf
202526 Reserves Policy Appendix 1.pdf
202526 Reserves Policy Table - Appendix 2.pdf
202526 Reserves Policy Appendix 3.pdf

Details

OutcomeFor Determination
Decision date16 Sep 2025
Effective from24 Sep 2025
Subject to call-inYes