Agenda item

Officers explained that the £6.5 million overspend would be continuously monitored throughout the year, and were hopeful that the Council would have further recompense following submissions to Welsh Government.

Decisions:

1.           That the proposed reserve movements and budget virements, as detailed within the circulated report, be approved.

2.           That the operational and financial issues set out in the circulated report, be noted.

3.           That the Council continue to work with Welsh Government and in line with legislation, regulations and directions to deliver services during these challenging times.

4.           That the additional grants received, as detailed in the circulated report, be noted.

5.           That the Council continue to seek additional funding from Welsh Government to cover COVID 19 consequences of increased expenditure, loss of income, increased cost of Council Tax Support and council tax collection shortfalls that adversely impact on Council funding and activity.

Reason for Decisions:

To monitor and update the Council’s Budget projections for 2020/21 and inform Members of the financial risks arising from COVID 19.

Implementation of Decisions:

The decisions will be implemented after the three day call in period.