Decision details

Capital Budget Monitoring April - September 2024/25

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Decision Maker: City Mayor (Individual Decision)

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Decisions consequential to the monitoring of expenditure in 2024/25.

Decision:

Please Note: This decision was Called-In under Rule 12 of Part 4D of the Council’s Constitution. The Call-In was considered by the Council at its meeting on 16 January 2025 where it was supported. The original decision taken on 02 January 2025 is, therefore, deemed to be revived in its entirety in accordance with Rule 12 (h) of Part 4D of the Council’s Constitution.

To:

Approve the following additions:

o £901k for Haymarket Theatre Works– UKSPF, funded by government grant.

o £750k for Jewry Wall Museum Improvements, £100k funded by UKSPF Grant and £650k being funded by capital receipts

o £251k for De Montfort Hall Works – UKSPF, funded by government grant.

o £204k for Property and Operational Estate Capital Maintenance, funded by reserves

o £147k for Connecting Leicester, funded by S106

Approve the following transfer:

o £1,300k from Pioneer Park – Levelling Up to Pilot House – Levelling Up

Reasons for the decision:

The Executive and Overview Select Committee receive a report on the forecast capital budget position regularly throughout the year (as well as an outturn report at the end of the year). Recommendations arising from this are often included within the report.

Alternative options:

N/A

Publication date: 19/12/2024

Date of decision: 02/01/2025

Effective from: 10/01/2025

This decision has been called in by:

Councillor Patrick Kitterick who writes We the undersigned wish to call in the Executive Decision below as it constitutes £3,553,000 of spending largely covering up Capital Project overspends with no wider discussion of the best use of these funds at a time when the council is under severe financial pressure. We the undersigned also wish to call a Special Council Meeting to discuss this matter, and we are happy to indicate to the Lord Mayor that this request will be satisfied by a discussion at the Full Council Meeting on 16 January 2025. "
Councillor Hemant Rae Bhatia who writes We the undersigned wish to call in the Executive Decision below as it constitutes £3,553,000 of spending largely covering up Capital Project overspends with no wider discussion of the best use of these funds at a time when the council is under severe financial pressure. We the undersigned also wish to call a Special Council Meeting to discuss this matter, and we are happy to indicate to the Lord Mayor that this request will be satisfied by a discussion at the Full Council Meeting on 16 January 2025. "
Councillor Abdul Osman who writes We the undersigned wish to call in the Executive Decision below as it constitutes £3,553,000 of spending largely covering up Capital Project overspends with no wider discussion of the best use of these funds at a time when the council is under severe financial pressure. We the undersigned also wish to call a Special Council Meeting to discuss this matter, and we are happy to indicate to the Lord Mayor that this request will be satisfied by a discussion at the Full Council Meeting on 16 January 2025. "
Councillor Nigel Porter who writes We the undersigned wish to call in the Executive Decision below as it constitutes £3,553,000 of spending largely covering up Capital Project overspends with no wider discussion of the best use of these funds at a time when the council is under severe financial pressure. We the undersigned also wish to call a Special Council Meeting to discuss this matter, and we are happy to indicate to the Lord Mayor that this request will be satisfied by a discussion at the Full Council Meeting on 16 January 2025. "
Councillor Liz Sahu who writes We the undersigned wish to call in the Executive Decision below as it constitutes £3,553,000 of spending largely covering up Capital Project overspends with no wider discussion of the best use of these funds at a time when the council is under severe financial pressure. We the undersigned also wish to call a Special Council Meeting to discuss this matter, and we are happy to indicate to the Lord Mayor that this request will be satisfied by a discussion at the Full Council Meeting on 16 January 2025. "
Councillor Shital Adatia who writes We the undersigned wish to call in the Executive Decision below as it constitutes £3,553,000 of spending largely covering up Capital Project overspends with no wider discussion of the best use of these funds at a time when the council is under severe financial pressure. We the undersigned also wish to call a Special Council Meeting to discuss this matter, and we are happy to indicate to the Lord Mayor that this request will be satisfied by a discussion at the Full Council Meeting on 16 January 2025. "
Councillor Scott Kennedy-Lount who writes We the undersigned wish to call in the Executive Decision below as it constitutes £3,553,000 of spending largely covering up Capital Project overspends with no wider discussion of the best use of these funds at a time when the council is under severe financial pressure. We the undersigned also wish to call a Special Council Meeting to discuss this matter, and we are happy to indicate to the Lord Mayor that this request will be satisfied by a discussion at the Full Council Meeting on 16 January 2025. "
Councillor Mick Gregg who writes We the undersigned wish to call in the Executive Decision below as it constitutes £3,553,000 of spending largely covering up Capital Project overspends with no wider discussion of the best use of these funds at a time when the council is under severe financial pressure. We the undersigned also wish to call a Special Council Meeting to discuss this matter, and we are happy to indicate to the Lord Mayor that this request will be satisfied by a discussion at the Full Council Meeting on 16 January 2025. "

Accompanying Documents: