Knowsley Metropolitan Borough Council Reserves
Dear Knowsley Metropolitan 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 Knowsley Metropolitan Borough Council currently hold in “controllable” earmarked reserves?
2. In principle - i.e. if deemed necessary by councillors - can Knowsley Metropolitan Borough Council release/reallocate its “controllable” earmarked reserves and spend them on a once-off basis to support service provision?
3. How much does Knowsley Metropolitan Borough Council currently hold in “general” reserves?
4. If deemed necessary by councillors, can Knowsley Metropolitan Borough Council spend its “general” reserves on a one-off basis to support service provision?
MR ALEX A SMITH
Dear Mr Smith,
Thank you for your email received on 21 January 2021 requesting information about Knowsley Metropolitan Borough Council Reserves.
Please note you can now log a Freedom of Information request on our online portal on the following link https://www.knowsley.gov.uk/your-council...
I have recorded your request for information under reference F2021.01.4053
This has been passed to the relevant service and you will receive a response by 18 February 2021.
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If you need further information please contact me.
Customer Liaison Team
Your FOI request has been completed
Dear Alex Smith
Your FOI with Reference Number : 4053 has been completed please click on the link
below to view it
Customer Liaison Team
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