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Lincolnshire councils' revenue streams take a hit in lockdown


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Councils are expecting to lose out on millions of pounds due to reduced income caused by the coronavirus lockdown.
Authority leaders are calling on government to give further help in response to the losses caused by a loss of revenue from services including car parking, leisure, planning and licensing.
In the county’s capital, council bosses are predicting a £4.4 million loss to income if the lockdown continued on to June.
Jaclyn Gibson, Chief Finance Officer at City of Lincoln Council, said: “It is clear that COVID-19 is taking its toll on our financial resilience as income streams are reducing, debt recovery is being deferred and there is a growing necessity to incur costs to ensure services are being provided throughout this difficult period.” ....

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