Issue - meetings

To receive a verbal update on Financial Monitoring from the Group Manager for Finance.

The Deputy Chief Executive (S151)  provided the meeting with a verbal report with regard to income and expenditure to date.  He stated that September reporting showed a forecast deficit of £50k as more details had been received on income streams from the Government re Covid. He stated that this was very close to budget.

He explained that the Council had made it’s first claim of £600k from the Governments Income Support Scheme to cover 75% of the lost income from the leisure centres, car parks and building control.