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Finance Update - NEW ITEM
Meeting: 02/06/2020 - Cabinet (Item 12.)
Additional documents:
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.