Cabinet members met on Tuesday February 24 ahead of a final budget vote to discuss the health of the local authority’s reserves.
Tag: council reserves
Row over £2bn reserves amid ‘skyrocketing’ council tax bills
The Conservatives called on councils to utilise “usable” reserves of more than £2bn, with taxpayers in Wales facing an average bill increase of 7.3% next year.
Councillors clash over budget and use of unspent reserves
Labour and Plaid Cymru councillors in Caerphilly are at odds over how best to use unspent money in the local authority’s reserves.
Why the council has £233m in its reserves
Caerphilly County Borough Council’s reserves has long been a contentious issue, but what does it mean to have £233 million in the pot?
‘Just sat on a pile of money’ – council criticised over £180m reserves
During a special council meeting on October 14, it was revealed the council has more than £180m in useable reserves.
Senedd Member calls for councils to be given advice over reserve funds
Plaid Cymru MS Peredur Owen Griffiths called on the Welsh Government to ensure council reserves are used to ‘ease the burden’ on council tax payers.
Savings pot will be a “godsend” for council
The council has more than £140 million in useable reserves – which is one of the highest levels in Wales.