Decision details

The Committee was updated on the amendments to the General Fund 2020/21 due to recent government announcements, particularly in response to the Covid-19 pandemic and detailed budget monitoring had identified a number of General Fund 2020/21 revenue budgets and a number of other service priorities that required amendments. Members thanked the Officers in managing the budgets under the circumstances especially in delivering the Business Support Grants.

Discussions took place surrounding the impact on finances Covid-19 had presented including loss of income with planning fees, car parking fees, expectation of commercial rents to fall and additional costs having to be made to support resources to maintain safe and secure practices across the borough.  Income from the Government’s scheme to compensate local authorities and further schemes to support residents and businesses will hopefully support some of the financial burden.

The Committee expressed concern about the impact Covid-19 on finances and the risks and uncertainties the Borough would be faced with consideration to a further potential lockdown.

It was highlighted to all members of the Committee to share the information from Broxtowe Communications team to help the prevention of Covid-19 spreading within the Borough. 

RESOLVED that the amendments to the General Fund 2020/21 revenue budget as set out in appendices 1 and 2 be approved.