Archived decisions

Appendix 10

Summary of reserves and balances 2005/06


		Estimated balance 1 April 2005	Proposed variation in 2005/06		Balance at 31 March 2006
		Estimated balance 1 April 2005	Revenue purposes	Capital purposes	Balance at 31 March 2006
		£'000	£'000	£'000	£'000
Revenue account balance		13,120	-4,400	-	8,720

Earmarked reserves:
	Schools	21,712	-	-2,278	19,434*
	Trading Units	2,031	766	-641	2,215
	Segensworth unit factories	245	15	-	260

	Service underspendings	905	-749	-	156
	Insurance	3,309	-	-440	2,869
	Invest to Save	328	-75	-	253
	General capital	12,974	-	3,891	9,083
	Job evaluation transitional costs	4,750	-	-	4,750
	Grant equalisation	20,925	-5,875	-	15,050
	Modernisation	-	12,700	-	12,700
	Other reserves	298	-	-	298
		67,477	6,782	-7,250	67,009

	Total reserves and balances	80,597	2,382	-7250	75,729

* It is estimated that school reserves of £5.1m at 31 March 2006 will be temporarily utilized for education capital purposes under the schools balances loan scheme. The reserves potentially available to schools therefore total £24.5m