(1) it be noted that:
i. the year-end position for the financial year 2019/20 is a decrease to the General Fund balance of £172k against a budgeted decrease of £90k.
ii. the General Fund balance has decreased from £1.673m to £1.501m at the end of 2019/20.
iii. the savings achieved in year total £170k.
iv. the level of earmarked reserves has reduced by £535k to £4.031m.
v. the impact of COVID19 pandemic on the Council year end position
(2) the transfers to and from earmarked reserves as detailed in the table in section 6 of the report be approved.