Calderdale Council has published its latest financial strategy which warns that the impact of COVID-19 could lead to a funding gap of around £15m next year. Every autumn the Council publishes its Medium Term Financial Strategy (MTFS), which covers the next three financial years, and this will be discussed by the Cabinet at its next… read more … about Council counts the cost of COVID-19>>
Category Archives: Finance
The lessons learnt and experiences gathered from dealing with COVID-19 will be discussed at the meeting of Calderdale Council’s Cabinet; helping to inform how services might be delivered in future. As a result of the COVID-19 pandemic, Calderdale Council, along with local authorities across the country, is facing some of the greatest challenges ever experienced…. read more … about A Council fit for the future>>
Calderdale Council faces an estimated £31.6 million worth of extra costs and lost income this year due to the COVID-19 pandemic. Although the Council has received £16.7 million from the Government towards these costs, there is funding gap of nearly £15 million in the short-term. Keeping local people safe always comes first, and the Council… read more … about Council faces £15m funding gap due to COVID-19>>
Time is running out for businesses to claim grant support to help minimise the impact of COVID-19 under the small business grant fund and retail, hospitality and leisure grant schemes. Although the deadline has now passed for the COVID-19 discretionary business grant scheme and no new applications can be considered, funding has been made available… read more … about Deadline approaching for COVID business support>>
More small businesses in Calderdale are now able to benefit from funding of up to £10,000 from the Local Authority Discretionary Grant Fund Calderdale Council is now in a position to open up the third and final stage of the Government fund aimed at supporting businesses impacted by the COVID-19 pandemic. In previous rounds of… read more … about Funding for small businesses in Calderdale>>
The challenging budget situation currently faced by Calderdale Council will be discussed by Cabinet Members when they meet on Monday 3 August. Members will consider the first quarterly revenue monitor report of the current financial year. Regular revenue monitoring allows the Council to forecast what the cost of delivering its services will be by the… read more … about Monitoring the Council’s financial position>>
Further business sectors in Calderdale are now invited to apply for funding of up to £10,000 from the Local Authority Discretionary Grant Fund. The grant scheme is available for small and micro businesses facing major impacts from the COVID-19 pandemic, which aren’t eligible for the Government’s Small Business Grant Fund or the Retail, Hospitality and… read more … about Business grant support scheme extended>>
Calderdale Council is facing a potential financial shortfall of nearly £16 million in this year’s budget due to the coronavirus outbreak, and a further gap of at least £12 million next year. Throughout the pandemic, the Council has been doing everything it can to protect the most vulnerable people and support residents, businesses and voluntary… read more … about Counting the cost of COVID-19>>
Consolidating the Council’s financial position and managing the uncertainty of future funding are the priorities for the budget for 2020/21, which was agreed at Budget Council last night (Monday 24 February 2020). The Government has not yet announced the level of funding for local authorities beyond 2020. This means that next year’s budget only covers… read more … about Budget to protect vital services>>