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Decision details
Finance Update
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To seek Cabinet's approval on the
Council’s financial position and also estimated financial
impact of the current Covid-19 pandemic.
Decision:
Cabinet noted:
- The significant financial impact on the Council as a result of COVID-19 pandemic;
- The extent to which further Government funding is required;
- A further report to be taken to Cabinet or Council, outlining the scale of the budget gap and proposal if required for resetting the revenue and capital plans;
- It would also be necessary to refresh the Council’s Business and Service plans later this year to reflect this impact and to ensure consistency in delivering changing priorities.
Report author: Michael Pilcher
Publication date: 02/06/2020
Date of decision: 02/06/2020
Decided at meeting: 02/06/2020 - Cabinet
Effective from: 12/06/2020
Accompanying Documents: