Decision details

Initial financial assessment of Covid-19

Decision Maker: Eastbourne Borough Council Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To update on the initial financial impact of Covid-19 and associated budgetary implications.

Decision:

(Non-key decision):

 

(1) To note the initial financial impact of Covid-19 and associated vulnerability of the authority’s budget.

 

(2) To note the assumptions being made about the ongoing financial impact of Covid-19.

 

(3) To authorise the Chief Executive, in consultation with the Leader of Council, Cabinet member for Finance and the Chief Finance Officer, to make use of monies held in the Council’s Reserves as he believes most appropriate in order to continue essential service delivery and/or to mitigate the impact of the Covid-19 emergency on residents and/or service users.

Publication date: 05/06/2020

Date of decision: 03/06/2020

Decided at meeting: 03/06/2020 - Eastbourne Borough Council Cabinet

Accompanying Documents: