Cheshire East Council's Coronavirus shortfall has halved since October

By James Kelly 27th Nov 2020

The financial health of Cheshire East Council has improved, as the latest figures suggest the authority's Covid shortfall has halved since October.

A report by CEC's corporate overview and scrutiny committee says the council still faces a £13 million shortfall, but this number is much-reduced from the £26 million estimated in October.

The report added: "However, the financial impact is increasing, due to the increasing number of cases of COVID-19, and at this point it is not clear whether the forecast shortfall will change; it will be subject to ongoing analysis and review."

Details were also shared about the grants CEC has received from central government, with the final total being almost £200 million.

More than £95 million was given to the council for business grant support, with CEC already spending £87 million in this field.

It's a similar story in the business rate holiday budget, with £60.5 million spent from a £62 million fund thus far.

£1.5 million has been spent on the council's test and trace efforts, which has all come from Westminster funds.

This figure is separate from the £12 billion used for the national NHS Test and Trace service.

It is expected that the council will launch a consultation on the budget for the 2021/2 financial year next month, which will also lay out spending plans until 2025.

     

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