Issue details

COVID-19 Financial Intervention and Measures

Decision type: Key

Decision status: For Determination

Notice of proposed decision first published: 03/04/2020

Anticipated restriction: Public  -

Decision due: 6 Apr 2020 by Leader of the Council

The report will set out the Council’s proposed financial interventions and measures identified at this date in order for it to respond to the Covid-19 crisis in the most expedient way. It will provide information on the Government measures and support announced to date and provide details of funding allocations for the authority, if known. It will set out the proposed authorisation and other governance arrangements around the application of this funding, including approval for expenditure already incurred and also further expenditure proposed to be committed at this date in order for the Council to discharge its duties Recommendations will include the creation of an Emergency Response Contingency in the General Fund, and a temporary approach to income and debt management. Also approval will be sought to capital virements from the approved capital programme contingency to a new Capital Contingency budget, and changes to the existing Policy for the Award of Discretionary Reductio

Lead member: Cabinet Member for Finance and Strategic Regeneration

Lead director: Director of Finance