Issue - meetings

This report informs the Committee on the latest estimates of the financial impact of Covid 19 on the Councils 2020/21 financial position, and the impact on the Council’s medium term financial strategy.

The Committee discussed the latest estimates of the financial impact of Covid-19 on the Councils 2020/21 financial position, and the impact on the Council’s medium term financial strategy. Financial estimates were being revised on a monthly basis, to reflect the various advice and guidance being issued by the government. The Government had provided a grant of £1,187,365 to provide support to various community groups and to help offset the significant shortfalls in income to the Council. More money was needed, however as the loss of income was far higher.

Leisure Centre’s had lost the most income. Councillors agreed it was good news that they had been given the go ahead by Government to re-open. More clarity on proposals for recovery and funding were requested for the next committee meeting.