To consider the Review of Reserves for 2016/2017.

The Board considered the Review of the Council’s Reserves for 2016/2017.  The report set out a number of recommendations that the Mayor was proposing to make to the Council.

Resolved:  that the following recommendations be made to the Mayor in relation to his proposed Review of Reserves:

That, in relation to the proposed “Invest for Income” reserve, the allocation of the reserve be agreed by the Executive Director – Operations and Finance in consultation with the Chief Finance Officer and the Mayor, Group Leaders and Overview and Scrutiny Co-ordinator.