Issue - meetings

Final draft accounts 2023/24 and use of reserves

 

 

Meeting: 23/07/2024 - The Executive (Item 9.)

9. Draft Final Accounts 2023/24 and use of Reserves and Balances pdf icon PDF 358 KB

To submit a report by the Director of Function (Resources)/Section 151 Officer.

Additional documents:

Decision:

It was resolved –

 

·      To note the draft unaudited financial statements for the financial year 2023/24. (The full Draft Statement of Accounts 2023/24 is published on IOACC-Draft-SOA-Redacted.pdf (gov.wales)).

·      To note the position of the Council’s general balances of £15.604m.

·      To note the balance of Earmarked Reserves of £16.778m and approve the creation of £1.553m of new earmarked reserves.

·      To formally approve the transfer of £2.002m of earmarked reserves back to the Council’s General Balances.

·      To note the balance of the school reserves of £5.577m.

·      To note the balance of the HRA reserve of £8.189m.