Issue - meetings

FINANCIAL IMPACT OF COVID-19

Meeting: 21/07/2020 - Council (Item 10)

10 Financial Impact of Covid-19 pdf icon 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.