Finance news

Government backtrack on supporting costs of Covid

Published on Tuesday, 22 December 2020

The Government will not reimburse Coventry City Council for all of the income it expects to lose as a result of the Covid-19 pandemic.

Forecast of £6.7m overspend reported in Council first quarter 2020/21 reports

Published on Monday, 17 August 2020

Next week the Council will report on a projected £6.7m overspend by the end of the financial year based on its expenditure and income between April and June 2020. This is only after it has committed over £20m of Government grant to pay for some of the expected costs of the Covid-19 pandemic.

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