Appendix E
Perth and Kinross Council · 1 March 2023
Back to Perth and Kinross Council — 1 March 2023 and its agenda
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Appendix E Summary of Council Cash Backed Reserves 31 March 2022 and projected 31 March 2023 The 2021/22 Annual Accounts which were presented to the Audit Committee on 27 September 2022 (Report No. 22/237 refers), give an overview of the Reserves position as at 31 March 2022 which is summarised in the table below. A projection of balances to be held 31 March 2023 is also shown. Summary of Council Reserves as at 31 March 2022 and March 2023 2022/23 £’000 2021/22 £’000 General Fund 53,676 85,900 Housing Revenue Account 2,000 3,282 Capital Fund 26,433 24,817 Insurance Fund 1,542 1,366 Capital Statutory Funds 2,274 2,556 Capital Grants Unapplied 0 87 85,925 118,008 The above summary excludes the • Revaluation Reserve; • Capital Adjustments Account; • Financial Instruments Adjustment Account; • Pensions Reserve, and • Employee Statutory Adjustment Account. These Reserves reflect proper accounting practice, but are not resource-backed and are, therefore, of limited relevance in determining the Council’s Reserves and budget strategies.