The purpose of this report is to set out the Council’s Finance Recovery Plan in response to the Covid-19 pandemic including the emergency revised budget for 2020/21.
The Council’s Finance Recovery Plan forms part of a Recovery Framework which was approved by to the Executive on 3August 2020.
Covid-19 has had a significant impact on every aspect of life and society in our borough and it has led to logistical challenges, created financial difficulties and prompted community-wide concerns around health and well-being.
This report focuses on the impact of the pandemic on the Council’s Financial position and suggests an emergency budget plan to enable the Council to meet its financial commitments through to the end of the financial year.
Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 07/08/2020
Decision due: 7 Sep 2020 by Executive
Lead member: Executive Member for Policy & Resources
Lead director: Deputy Chief Executive Officer
Contact: Neil Wood Email: nwood@fareham.gov.uk.
Consultees
None
Background Papers: None