Hart #Covid19 funding black hole shrinks to £628K
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? ?
Stopping Shapley Heath could help close Hart’s Covid19 funding gap
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,
Hart Council Covid19 funding hit
This amounts to over £1.6m. The Government have announced they will provide £987K of Covid19 funding to Hart.
Hampshire Councils #Covid19 funding
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.