Decision details

It was RESOLVED that:

a) the financial impact of Covid-19 on the Council’s Medium Term Financial Strategy (MTFS) be noted and that a revised budget be supported and taken to Full Council once there is more certainty regarding the impact of lockdown and in particular the likely use of Reserves and Balances to meet the projected budget gap;

b) the position on both Council investments and the likelihood of a change in the Minimum Revenue Provision (MRP) calculation which will be reported to the Governance Scrutiny Group in the Annual Capital and Investment Report be noted; and

c) the Leader and Chief Executive be supported in making representations to Government and other interest groups to unlock further funding for the benefit of Rushcliffe’s community and its businesses.