9. Draft Final Accounts 2023/24 and use of Reserves and Balances 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.