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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:

  1. The significant financial impact on the Council as a result of COVID-19 pandemic;
  2. The extent to which further Government funding is required;
  3. 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;
  4. 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: