Councils to pass new budgets as incomes plummet
Dramatic drop in income due to Covid-19 forces councils to begin preparing emergency budgets
Councils around the country have begun preparing for emergency budgets to deal with a dramatic drop in their incomes as a result of the Covid-19 pandemic.
A three-month rates waiver for shuttered businesses combined with a collapse in rental income, parking charges, planning fees and other revenue streams means councils are facing a considerable shortfall in their budgets.
While central government has already pledged to reimburse councils for waiving their rates, many councils are worried...
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