Decision details

The Medium Term Financial Strategy and the projected impact of the COVID-19 pandemic.

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To note the projected financial impact of the COVID-19 pandemic.

Decision:

The Cabinet:

 

1.1       Noted the information contained in the report regarding the projected financial impact of the COVID-19 pandemic on the Council’s financial position.

 

1.2       Noted the grant provided by the Government in 2020/21 (£1,036,009) to be used to offset additional spend and income reductions and approved an update to the MTFS.

 

1.3.      Noted the grant support for the Reopening of High Streets Safely of (£92,501), its intended use through a phased approach across the District and approved an update to the MTFS.

Report author: Anthony Thomas

Publication date: 09/07/2020

Date of decision: 07/07/2020

Decided at meeting: 07/07/2020 - Cabinet

Accompanying Documents: