Decision details

Budget Update

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No


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.



Report author: Peter Linfield

Publication date: 13/05/2020

Date of decision: 12/05/2020

Decided at meeting: 12/05/2020 - Cabinet

Accompanying Documents: