The Parking Places reserve surplus will be reinvested, as per Section 55 of the Road Traffic Regulation Act 1984 (as amended), in improvements in the delivery of on and off-street parking services.
The PFI Reserves are in place to meet the difference between central government revenue grant and actual costs for the council's PFI schemes in future years and to fund future annual repayment liabilities.
School Balances (ring fenced) contains the school funds which are ring-fenced for schools' use.
HRA EARMARKED RESERVES
Major Repairs Reserve funds are available to meet capital investment in council housing.
Estate Regeneration Delivery funds are held for future investment in Estate Regeneration.