skip to main content

Accessibility and Display Options

Choose accessibility and display settings
Text Preferences
Colour Schemes
Cookies
Save Close

Cookies and Privacy

This site uses cookies to store information on your computer

Some of these cookies are necessary to make the site work. We’d also like to use optional cookies to help improve your experience on the site. You can manage your optional cookie preferences below. Using this tool will set a cookie on your device to remember your preferences. Your preferences can be changed at any time.

For further details, see our Cookie Policy and our Privacy Policy

I AcceptI Do Not Accept


Essential

Essential cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies; they can only be disabled by changing your browser preferences. Third party functions such as Google Search and Analytics will not be enabled.


Performance

Performance settings enable you to use the Google Search engine on our website and help us to improve our website by collecting and reporting information on its usage (for example, which of our pages are most frequently visited).

Save and Close



 


You are here: Home / Have Your Say / Balancingthebooks

The impact of Covid-19 and our response

Impact of Coronavirus

By the end of 2019/20 the Council had established a stable financial position and had plans to strengthen this over the coming years. However, like most other organisations, the effects of the Coronavirus pandemic have created an unprecedented financial challenge. During the first three months of the pandemic the Council incurred approximately £260,000 of additional expenditure and saw income fall by approximately £1.6 million.

If we cannot close this financial gap this year the Council will be drawing £1.2 million from its reserves in 2020/21, which is nearly a quarter of its savings. We predict that a further £1.8m of reserves will need to be drawn in in the next year too. The chart below shows the impact this will have on our reserves.

Table showing the level of reserves that the Council will need to draw from in 2020/21 and is projected to draw from in 2021/22

Supporting the community durign COVID-19Image showing some of the thank you cards and posters made by residents for Council workers during lockdown

During the pademic the Council has provided a great deal of aid to local residents and businesses. As well as ensuring our essential frontline services continued to be provided, we also:

 

Move to the next page

Go to the previous page

Return to the begining

 

 

 




Back to top of page Back to Top How to get here
Fareham Borough Council, Civic Offices, Civic Way, Hampshire, PO16 7AZ
Tel: +44 (0) 1329 236100 | Mobile Text/Photo: 07860 098627
RSS Feeds