Decision Maker: Council

Outcome: Item Deferred

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: November 11, 2025

Purpose:

Content: The Committee resolved to:   1.     Recommend to Council that it is informed and assured by the Draft Reserves Strategy noting that the forward projected figures will change when a detailed Budget Report is brought to the Corporate Policy and Resources Committee in January 2026; and   2.     Acknowledge the proposed repurposing of the earmarked Sinking Fund reserves as a revenue budget equalisation reserve.