Issue - meetings
The Medium Term Financial Strategy and the projected impact of the COVID-19 pandemic.
Meeting: 07/07/2020 - Cabinet (Item 3.)
The Medium Term Financial Strategy and the projected impact of the COVID-19 pandemic.
Additional documents:
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.