The Government has awarded Hart more Covid19 funding that shrinks its expected deficit to from the pandemic to “only” £628K. This is welcome news as only last week the deficit stood at £1.6m.
However, £628K still represents about 6% of the council’s budget. We are left wondering which project could be cancelled to make good most of this shortfall? 😉
Hart #Covid19 funding black hole details
The council have circulated their estimate of the loss of income and extra costs they are facing as a result of the coronavirus pandemic,
This amounts to over £1.6m. The Government have announced they will provide £987K of Covid19 funding to Hart.
But this still leaves a £628K funding gap, on top of the “perfect storm” they faced in their finances even before the pandemic hit.
It will be interesting to see if this subject comes up at the “virtual” council meeting to adopt the Local Plan. The live stream can be found here.