Wirral Metropolitan Borough Council Reserves

MR ALEX A SMITH made this Freedom of Information request to Wirral Metropolitan 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 Wirral 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 Wirral Metropolitan Borough Council currently hold in “controllable” earmarked reserves?

2. In principle - i.e. if deemed necessary by councillors - can Wirral 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 Wirral Metropolitan Borough Council currently hold in “general” reserves?

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

Yours faithfully,

MR ALEX A SMITH

Dear Wirral Metropolitan Borough Council,

Please pass this on to the person who conducts Freedom of Information reviews.

I am writing to request an internal review of Wirral Metropolitan Borough Council's handling of my FOI request, 'Wirral Metropolitan Borough Council Reserves'.

By law, Wirral Metropolitan Borough Council should normally have responded promptly and by 18 February 2021. That date has now passed, but my request has not yet been dealt with. Could I please request an update?

A full history of my FOI request and all correspondence is available on the internet at this address: https://www.whatdotheyknow.com/request/w...

Thank you for your help.

Yours faithfully,

MR ALEX A SMITH

InfoMgr, FinDMT, Wirral Metropolitan Borough Council

3 Attachments

Dear Mr Smith

 

We write in response to your recent Freedom of Information request. Please
see Wirral Council’s comments below.

 

 

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

As at the 1st April 2021 the Council earmarked reserve balance is £66.8m.

Please see below Hyperlink to the Wirral Council's 19/20 Statement of
Accounts. Go to Page 35

[1]https://www.wirral.gov.uk/sites/default/...

Assumptions have been made that controllable reserves are earmarked
reserves, however on page 35, it shows you the balances of all the type of
reserves.

 

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

The Council maintains a number of reserves that are earmarked for funding
likely future activity. A review of reserves is carried out as part of the
annual budget setting process and changes in reserves are approved by the
S151 officer at year-end.

 

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

As at 1st April 2021 the Council general fund reserve is £10.668 million

Please see below Hyperlink to the Wirral Council's 19/20 Statement of
Accounts. Go to Page 35

[2]https://www.wirral.gov.uk/sites/default/...

Assumptions have been made that general reserves is the general fund
balance, however on page 35, it shows you the balances of all the type of
reserves.

 

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

 

Policy and Resources Committee on Wednesday, 17th February 2021,
Source: 6.00 p.m

 

 

 

Yours sincerely

 

 

Lynette Paterson

Principal Information Management Officer

Wirral Council

PO Box 290
Brighton Street
Wallasey
CH27 9FQ

 

Email: [3][Wirral Borough Council request email]

 

Visit our website: [4]www.wirral.gov.uk

 

 

 

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References

Visible links
1. https://www.wirral.gov.uk/sites/default/...
2. https://www.wirral.gov.uk/sites/default/...
3. mailto:[Wirral Borough Council request email]
4. http://www.wirral.gov.uk/