[quote quote=140616]Where does the figure of “£13 million over 2 years” come from? I understand the Wrexham block grant 2017/8 will be reduced by 0.3%, which is £500,000.
And how about the cash reserves of £7 million? Type in ‘cash reserves’ on the wcbc website to see the details.
I’m not an accountant, so anyone who can explain in English would be welcomed.[/quote]
Was it this reserves strategy PDF?
https://www.wrexham.gov.uk/assets/pdfs/financial/reserves_strategy.pdf
Seems a certain £7m+ funding reserves pot has been burned through over the last few years and is now 0 (see the image link below), unless it has been moved elsewhere. Again, I’m no accountant, so someone in know would be able to help us.
https://ibb.co/dHux8R