Follow us on Twitter

Is holding reserves mandatory?

0 votes
by (2.1k points)

1 Answer

+3 votes
Best answer
No, but the council must be prudent in its financial planning and it would be difficult to justify holding nothing at all.
by (40.8k points)
selected by

Welcome to Town & Parish Councillor Q&A, where you can ask questions and receive answers from other members of the community. All genuine questions and answers are welcome. Follow us on Twitter to see the latest questions as they are asked - click on the image button above or follow @TownCouncilQA. Posts from new members may be delayed as we are unfortunately obliged to check each one for spam. Spammers will be blacklisted.

You may find the following links useful:

We have a privacy policy and a cookie policy.

Google Analytics Alternative