Review the Medium-Term Financial Strategy Reserve
Meeting: 07/09/2022 - Finance Sub-Committee (Item 25)
25 Review the Medium-Term Financial Strategy Reserve 
PDF 655 KB
To consider a report on the use of the Medium-Term Financial Strategy (MTFS) reserve to date and its forecast use within the MTFS 2022 to 2026.
Additional documents:
- MTFS Reserve - Annex A, item 25
PDF 216 KB
- MTFS Reserve - Annex B, item 25
PDF 133 KB
- MTFS Reserve - Annex C, item 25
PDF 330 KB
Minutes:
The Sub-Committee considered a report on the use of the Medium-Term Financial Strategy (MTFS) reserve to date and its forecast use within the MTFS 2022 to 2026. The purpose of the report was to improve the Sub-Committee’s awareness of the approach to managing the Council’s MTFS Reserve, including its creation and ongoing governance.
RESOLVED (unanimously)
That the Sub-Committee
1. notes the reporting to date in respect of the MTFS reserve;
2. notes the forecast movements within the reserve over the next four years; and
3. notes the level of the reserve as part of the overall Reserves Strategy, having regard to the s.25 Report of the Chief Financial Officer (Annex A to the report).