10 Financial Impact of Covid-19 PDF 144 KB
This report sets-out the financial impact of Covid-19 on the Council in the first quarter of 2020/21, and details funding sources to mitigate the impact.
Minutes:
Council received a report setting-out the financial impact of Covid-19 on the Council in the first quarter of 2020/21, and detailing funding sources to mitigate the impact.
Councillor Eber Kington MOVED the recommendations in the report.
Upon being put, the recommendations were CARRIED with a majority vote in favour.
Accordingly, it was resolved to:
(1) Note the projected £2.5m deficit caused by Covid-19 in the first quarter of 2020/21;
(2) Support the continued lobbying of Central Government for further financial support.