Why doesn\t the Council use its reserves to keep the tax down?
The Council”s reserves are a finite resource and are held in case of unforeseen events occurring that require immediate financial input; for example flood prevention, storm damage repairs, significant income losses, etc. The Council does not believe that it would be prudent to suppress tax rises by using these essential reserves. Instead, day to day spending is kept within the bounds of the regular resource inflows available to it.
