Haringey Borough Council Reserves

MR ALEX A SMITH made this Freedom of Information request to Haringey Borough Council

This request has been closed to new correspondence. Contact us if you think it should be reopened.

The request was partially successful.

Dear Haringey Borough Council,

The Local Government Association (LGA) advises that some council reserves “restricted by local agreement to fund certain types of expenditure can be reconsidered or released if the council’s future plans and priorities change” (LGA, A councillor’s workbook on local government finance, March, 2018, page 24).

These reserves are sometimes referred to as “controllable” earmarked reserves.

I have four questions.

1. How much does Haringey Borough Council currently hold in “controllable” earmarked reserves?

2. In principle - i.e. if deemed necessary by councillors - can Haringey Borough Council release/reallocate its “controllable” earmarked reserves and spend them on a once-off basis to support service provision?

3. How much does Haringey Borough Council currently hold in “general” reserves?

4. If deemed necessary by councillors, can Haringey Borough Council spend its “general” reserves on a one-off basis to support service provision?

Yours faithfully,

MR ALEX A SMITH

Haringey Borough Council

Dear Mr Smith

 

Freedom of Information / Environmental Information Regulations Request:
LBH/10703121

 

I acknowledge your request for information received on 25 January 2021.

 

This information request will be dealt with in accordance with the Freedom
of Information Act 2000 / Environmental Information Regulations and we
will send the response by 22 February 2021

 

Your request for information may be delayed due to urgent operational
responses to dealing with Covid-19 priorities. We apologise for any
inconvenience this may cause, we do remain committed to responding to your
request and will respond as soon as we are able.

 

Should our response to your request breach the statutory time-frame and
you remain unhappy with our response you have the right to complain to the
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Yours sincerely,

 

 

 

Corporate Feedback Team

 

From: MR ALEX A SMITH
Sent: Sunday, January 24, 2021 4:20 PM
To: FOI
Subject: Freedom of Information request - Haringey Borough Council
Reserves

 

Dear Haringey Borough Council,

The Local Government Association (LGA) advises that some council reserves
“restricted by local agreement to fund certain types of expenditure can be
reconsidered or released if the council’s future plans and priorities
change” (LGA, A councillor’s workbook on local government finance, March,
2018, page 24).

These reserves are sometimes referred to as “controllable” earmarked
reserves.

I have four questions.

1. How much does Haringey Borough Council currently hold in “controllable”
earmarked reserves?

2. In principle - i.e. if deemed necessary by councillors - can Haringey
Borough Council release/reallocate its “controllable” earmarked reserves
and spend them on a once-off basis to support service provision?

3. How much does Haringey Borough Council currently hold in “general”
reserves?

4. If deemed necessary by councillors, can Haringey Borough Council spend
its “general” reserves on a one-off basis to support service provision?

Yours faithfully,

MR ALEX A SMITH

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show quoted sections

Palopoli Frances, Haringey Borough Council

Dear Mr Smith,

Re: Freedom of Information Act Request ref: LBH/10703121

 

Thank you for your request for information received on 25 January 2021, in
which you asked for the following:

The Local Government Association (LGA) advises that some council reserves
“restricted by local agreement to fund certain types of expenditure can be
reconsidered or released if the council’s future plans and priorities
change” (LGA, A councillor’s workbook on local government finance, March,
2018, page 24).

These reserves are sometimes referred to as “controllable” earmarked
reserves.

1. How much does Haringey Borough Council currently hold in “controllable”
earmarked reserves?

2. In principle - i.e. if deemed necessary by councillors - can Haringey
Borough Council release/reallocate its “controllable” earmarked reserves
and spend them on a once-off basis to support service provision?

3. How much does Haringey Borough Council currently hold in “general”
reserves?

4. If deemed necessary by councillors, can Haringey Borough Council spend
its “general” reserves on a one-off basis to support service provision?

 

My response is as follows:

 

The information you are requesting can be found in the following
documents:

2019/20 Draft Statement of Accounts, Note 10

[1]https://www.haringey.gov.uk/sites/haring...

and the 2020-21 Budget and 2020-2025 Medium Term Financial Strategy report
to Full Council

[2]https://www.minutes.haringey.gov.uk/docu...

 

 

 

If you are unhappy with how we have responded to your request you can ask
us to conduct an Internal Review. If so, please contact the [3]Corporate
Feedback Team.  (Please note you should do so within two months of this
response.)

 

 

Yours sincerely,

 

 

Frances Palopoli FCPFA

Head of Corporate Financial Strategy & Monitoring

 

Haringey Council

Alexandra House, Level 5, 10 Station Road, London, N22 7TR

Telephone:  020 8489 3896

Email:  [4][email address]

 

[5]www.haringey.gov.uk

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