Issue - meetings
Reserves Strategy
Meeting: 19/02/2024 - Corporate Policy and Resources Committee (Item 28)
28 Capital and Revenue Reserves Strategy 
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Committee is asked to note the strategy for the Council’s reserves for the four years from 01 April 2024 to 31 March 2028 and the use of £703.8k from the Social Housing Initiatives Fund (included in the Prevent Homelessness Reserve) to fund the 2024-25 budget deficit.
Additional documents:
Decision:
The Committee resolved to note the forward forecast Estimated Council Reserves for the four years ended 31 March 2028 and the use of £703.8k from the Social Housing Initiatives Fund (Reserve), to cover the £703.8k budget deficit for 2024-25, to deliver a balance budget.
Minutes:
The Committee resolved to note the forward forecast Estimated Council Reserves for the four years ended 31 March 2028 and the use of £703.8k from the Social Housing Initiatives Fund (Reserve), to cover the £703.8k budget deficit for 2024-25, to deliver a balance budget.