This report updates Cabinet on the major strain placed on the council’s finances by the Covid-19 pandemic.
Reasons for urgency;
The Covid-19 pandemic is significantly impacting on the council’s financial position as it seeks to support our residents, communities and businesses. The financial position is fast moving and will change due to an expected second wave. An urgent update is provided on the current year response and as key consideration for the 2021/22 budget process.
Decision type: Key
Reason Key: Affects 2 or more wards;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 09/10/2020
Report access: Open;
Report Type: Key Decision;
Decision due: 2 Nov 2020 by Cabinet
Lead member: Cabinet Member for Finance and Reform
Lead director: Strategic Director of Finance
Department: Finance Department
Contact: Emily Hill, Director of Finance Email: emily.hill@lbhf.gov.uk.