Issue - decisions

April 2020 Financial Monitoring Position

29/07/2020 - April 2020 Financial Monitoring Position

Cabinet:

 

·         Noted the Council’s draft summary financial outturn for 2019/20

 

·         Noted the financial projections for 2020/21 set out in this report

 

·         Noted that officers will be reviewing actual expenditure, shortfalls in income and the impact on savings both for 2020/21 and the medium term in order to update the forecasts at regular intervals during the year.

 

·         Noted that services are working to identify mitigating actions to help address the challenging financial position, including scenario planning in the event of the Government failing to fully fund the Council’s Covid-19 costs.