8 UPDATE ON COVID 19 FINANCIAL POSITION PDF 451 KB
Report by Section 95 Officer
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Additional documents:
Minutes:
The Committee gave consideration to a report providing an update on the projected impact of the Covid-19 pandemic on the Council’s Revenue Budget in 2021/22 and 2022/23 and the available Covid funding.
Decision
The Policy and Resources Committee noted the submitted report and, in particular that -
1. Since the report taken to Policy and Resources
Committee on 14 October 2021, there had been a decrease to the overall
estimated 2021-22 Covid revenue cost pressure of £0.051m and a decrease to the
overall estimated 2022-23 Covid cost pressure of £0.048m.
2. There was currently £7.067m of available Covid
funding.
3. There remained Scottish Government Covid Funding of
£1.667m and £5.400m from the Loans Fund Principal Repayment Holiday (if
required) which would be ringfenced for Covid
purposes as outlined in paragraph 3.9 of the submitted report.
(Reference: Report by Section 95 Officer dated 29 November 2021, submitted)
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