Issue - meetings

Covid-19 Financial Update and Medium Term Financial Strategy Impact Assessment

Meeting: 15/10/2020 - Policy and Resources Scrutiny Committee (Item 448)

448 Updated Local Financial Assessment & Illustration of the Potential Impact of Covid-19 on the Council’s Medium Term Financial Strategy 2020/21-2024/25 pdf icon PDF 201 KB

Minute No. 375 (Cabinet Agenda Item No. 4).

Called-in to all three scrutiny committees by Councillors Cox and Davidson.

Additional documents:

Minutes:

The Committee considered Minute 375 of the meeting of the Cabinet held on 15 September 2020, which had been called in to each of the three scrutiny committees, together with a report of the Executive Director (Finance and Resources) providing an updated assessment of the local financial impact of the COVID-19 pandemic and a range of high-level scenarios to illustrate the potential scale of the financial challenge over the short and medium-term.

 

The Leader of the Council undertook to provide a written response to a question with regard to the level of support provided to local authorities by the Government, as part of the current three-tier COVID-19 alert system.

 

Resolved:

 

That the following decisions of the Cabinet be noted:

 

“1. That the Council’s updated assessment of the local financial impact of the unprecedented challenges that has been caused by the pandemic, be noted.

 

2. That the scale of the potential financial challenge summarised in the submitted report, be noted.

 

3. That the Council’s Medium-Term Financial Strategy is reviewed and a range of options are developed to ensure continuing financial sustainability.

 

4. That the Cabinet receive regular reports to future Cabinet meetings, which will provide updated assessments on our financial position and outline any changes to our strategy and range of assumptions.”

 

Note: This is an Executive Function

Cabinet Member: Councillor I Gilbert

 

 


Meeting: 13/10/2020 - People Scrutiny Committee (Item 440)

440 Updated Local Financial Assessment and Illustration of the Potential Impact of Covid-19 on the Council’s Medium Term Financial Strategy 2020/21-2024/25 pdf icon PDF 201 KB

Minute No. 375 (Cabinet Agenda Item No. 4).

Called-in to all three scrutiny committees by Councillors Cox and Davidson.

Additional documents:

Minutes:

The Committee considered Minute 375 of the meeting of the Cabinet held on 15 September 2020, which had been called in to each of the three scrutiny committees, together with a report of the Executive Director (Finance and Resources) providing an updated assessment of the local financial impact of the COVID-19 pandemic and a range of high-level scenarios to illustrate the potential scale of the financial challenge over the short and medium-term.

 

The Committee requested that the Leader of the Council consider the referral of future reports made to the Cabinet on the financial position of the authority arising from the response to the pandemic, directly to the relevant scrutiny committee.

 

At the request of the Committee, the Cabinet Member for Health and Adult Social Care agreed to circulate to all members of the Council a presentation that was currently being developed with regard to the impact of the pandemic on the adult social care provider market.

 

Resolved:

 

That the following decisions of the Cabinet be noted:

 

“1. That the Council’s updated assessment of the local financial impact of the unprecedented challenges that has been caused by the pandemic, be noted.

 

2. That the scale of the potential financial challenge summarised in the submitted report, be noted.

 

3. That the Council’s Medium-Term Financial Strategy is reviewed and a range of options are developed to ensure continuing financial sustainability.

 

4. That the Cabinet receive regular reports to future Cabinet meetings, which will provide updated assessments on our financial position and outline any changes to our strategy and range of assumptions.”

 

Note: This is an Executive Function

Cabinet Member: Councillor I Gilbert

 


Meeting: 12/10/2020 - Place Scrutiny Committee (Item 426)

426 Updated Local Financial Assessment and Illustration of the Potential Impact of Covid-19 on the Council’s Medium Term Financial Strategy 2020/21 – 2024/25 pdf icon PDF 201 KB

Minute No. 377 (Cabinet Agenda Item No. 4)

Called-in by Councillors Cox and Davidson to all three Scrutiny Committees

Additional documents:

Minutes:

The Committee considered Minute 377 of Cabinet held on 15th September, 2020, which had been called-in to all three Scrutiny Committees for consideration, together with the report of the Executive Director (Finance & Resources) providing an updated assessment of the local financial impact of Covid-19 and a range of high level scenarios to illustrate the potential scale of the financial challenge over the short and medium term.

 

Resolved:-

 

That the following decisions of Cabinet be noted:

 

“ 1.    That the Council’s updated assessment of the local financial impact of the unprecedented challenges that has been caused by the pandemic, be noted.   

 

2.    That the scale of the potential financial challenge summarised in the submitted report, be noted.

 

3.    That the Council’s Medium-Term Financial Strategy is reviewed and a range of options are developed to ensure continuing financial sustainability.

 

4.    That the Cabinet receive regular reports to future Cabinet meetings, which will provide updated assessments on our financial position and outline any changes to our strategy and range of assumptions.”

 

Note: This is an Executive Function

Executive Member: Councillor Gilbert


Meeting: 15/09/2020 - Cabinet (Item 375)

375 Covid-19 Financial Update and Medium Term Financial Strategy Impact Assessment pdf icon PDF 201 KB

Report of Executive Director (Finance and Resources) attached

Additional documents:

Decision:

The Cabinet considered a report of the Executive Director (Finance and Resources) providing an updated assessment of the local financial impact of Covid-19 and a range of high level scenarios to illustrate the potential scale of the financial challenge over the short and medium term.

 

Resolved:-

 

1.    That the Council’s updated assessment of the local financial impact of the unprecedented challenges that has been caused by the pandemic, be noted.   

 

2.    That the scale of the potential financial challenge summarised in the submitted report, be noted.

 

3.    That the Council’s Medium Term Financial Strategy is reviewed and a range of options are developed to ensure continuing financial sustainability.

 

4.    That the Cabinet receive regular reports to future Cabinet meetings, which will provide updated assessments on our financial position and outline any changes to our strategy and range of assumptions.

 

Reason for decision:

 

To provide an update on the financial impact of Covid-19

 

Other Options:

 

None.

 

Note: This is an Executive Function

Eligible for Call-in to: All Three Scrutiny Committees.

Executive Member: Cllr Gilbert

Minutes:

The Cabinet considered a report of the Executive Director (Finance and Resources) providing an updated assessment of the local financial impact of Covid-19 and a range of high level scenarios to illustrate the potential scale of the financial challenge over the short and medium term.

 

Resolved:-

 

1.    That the Council’s updated assessment of the local financial impact of the unprecedented challenges that has been caused by the pandemic, be noted.   

 

2.    That the scale of the potential financial challenge summarised in the submitted report, be noted.

 

3.    That the Council’s Medium Term Financial Strategy is reviewed and a range of options are developed to ensure continuing financial sustainability.

 

4.    That the Cabinet receive regular reports to future Cabinet meetings, which will provide updated assessments on our financial position and outline any changes to our strategy and range of assumptions.

 

Reason for decision:

 

To provide an update on the financial impact of Covid-19

 

Other Options:

 

None.

 

Note: This is an Executive Function

Called-in to: All Three Scrutiny Committees

Executive Member: Cllr Gilbert


 

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