Issue - meetings

Report of Director of Finance

Purpose of report

This report proposes a revised budget for 2020/21 to reflect the financial impact of COVID-19 and includes proposed savings required in order to achieve a balanced budget

Recommendations

Council is recommended to:

 1.1         approve the savings as set out in Appendix 1.

1.2          approve a £1.2m use of the reserves as identified in Table 1.

1.3          approve the revised budget as set out in Table 1.

Resolved

(1)           That the savings as set out in the Annex to the Minutes (as set out in the Minute Book) be approved.

(2)           That a £1.2m use of the reserves as identified in Table 1 below be approved.

(3)           That the revised budget as set out in Table 1 below be approved:

The Director of Finance submitted a report which proposed a revised budget for 2020/21 to reflect the financial impact of COVID-19 and includes proposed savings required in order to achieve a balanced budget

Resolved

(1)           That the savings as set out in the Annex to the Minutes (as set out in the Minute Book) be approved.

(2)           That a £1.2m use of the reserves as identified in Table 1 below be approved.

(3)           That the revised budget as set out in Table 1 below be approved: